Aldermen lower gaming revenue expectations
Published: August 17,2011
VICKSBURG — Low activity at Vicksburg’s riverboat casinos during April, May and early June forced city officials to reduce the anticipated revenue for the current fiscal year.
The Vicksburg Post reports the city’s Board of Mayor and Aldermen on Aug. 15 reduced the city’s anticipated $5.5 million in revenue from the state’s 3.2 percent tax on gaming machines by $420,000. It’s $1.13-million share of the 0.8 percent state gaming tax was cut by $68,000.
The budget amendments were two of 26 approved by the board during some financial housecleaning before the close of the fiscal year Sept. 30.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Gulf LNG terminal mulling export opportunities
- Education officials changing school rating system
- Yarber could be sworn in today as new Jackson mayor
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Capital City voters to elect new mayor in runoff
- Historic COFO building demolished due to structural problems
- After review, MSU moves forward on new research facility
- Pharma Pac lays off rest of workers; could end up owing state
- Ole Miss launches commitment to be 'climate neutral'
- SpaceX, Stennis officially open new rocket test stand