County take from casinos falls
Published 11:39 am Tuesday, October 11, 2011
Revenues paid by Vicksburg’s five casinos to Warren County were off more than 5 percent in fiscal 2011, a tally of the year’s monthly payments.
Amounts paid for September totaled $228,287 from two revenue-based streams of money paid to the county, about $4,000 less than the same month last year. For the year, revenue reached $2,625,519, down from $2,777,173 for fiscal 2010. The new fiscal year began Oct. 1.
In addition to property taxes, casinos here pay a 3.2 percent revenue tax to the state that is divided three ways — 65 percent to the city, 25 percent to Warren County and 10 percent to the public schools.
Payments to the city for September are expected later this month. Through August, the city’s take was down about 5 percent from a year ago.