Casino tax revenue

Published 12:00 am Sunday, August 22, 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:

May 2010

City $513,725.84

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County $242,243.58

Schools $65,736.47

Fiscal year 2009-10 to date

City $4,294,151.50

County $1,872,796

Schools $508,356

May 2009

City $529,302.38

County $249,257.50

Schools $67,700.85

Fiscal year 2008-09 to date

City $4,606,315.05

County $1,986,928

Schools $539,504