Schools want gaming tax dollars from new casino
Published: November 11,2011
NATCHEZ — The Natchez-Adams School District wants to jump on board with the city and county to receive gaming tax dollars from a proposed new casino.
The Natchez Democrat reports interim superintendent Joyce Johnson asked the school board at yesterday’s meeting to allow the board attorney to discuss with the Natchez Board of Aldermen if the district could have a share of the revenues.
The city receives 3.2 percent of gaming revenues from the Isle of Capri casino as part of a tax agreement, which was developed with local-private legislation.
Attorney Bruce Kuehnle says Adams County receives a third of those revenues from the city, but the school district receives none.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Source: Bryant has offered Glenn McCullough MDA job
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- PHIL HARDWICK: The third grade reading gate, book buddies and school principals
- Two new casinos like the odds on Mississippi Gulf Coast
- TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?
- College Board names Glenn Boyce as higher education chief
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- THE SPIN CYCLE — Key results from Pew’s social media survey