Casino tax revenue
Published 12:00 am Sunday, May 30, 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:
April 2010
City $461,797.80
County $217,885.73
Schools $59,102.91
Fiscal year 2009-10 to date
City $3,780,425.66
County $1,630,553
Schools $442,620
April 2009
City $494,610.17
County $233,283.16
Schools $63,295.08
Fiscal year 2008-09 to date
City $4,077,012.67
County $1,737,671
Schools $471,803