Casino tax revenue

Published 12:00 am Sunday, April 11, 2010

Vicksburg’s five casinos pay a 3.2 percent revenue tax to the State of Mississippi that is divided — with 10 percent going to schools, 25 percent to Warren County and 65 percent to the city. A second revenue tax is a 0.8 percent share of the state’s 8.8 percent revenue tax. It is split based on population proportions between Vicksburg and Warren County. Each casino is also required to pay $150 for each gaming device annually to the city. To date, two casinos have paid the gaming device fee. These are the latest receipts:

February 2010

City    $454,822

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County    $214,633

Schools    $58,214

Fiscal year 2009-10 to date

City    $2,603,051

County    $1,075,807

Schools    $292,001

February 2009

City    $582,736

County    $274,017

Schools    $74,500

Fiscal year 2008-09 to date

City    $2,931,278

County    $1,198,314

Schools    $325,273