Casino tax revenue
Published 11:59 pm Saturday, March 12, 2011
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:
January 2011
City $524,258
County $247,181
Schools $67,081
Fiscal year 2010-11 to date
City $1,851,330
County $843,949
Schools $229,336
January 2010
City $731,137
County $225,538
Schools $61,185
Fiscal year 2009-10 to date
City $2,148,229
County $861,174
Schools $233,787