Casino tax revenue
Published 12:00 am Sunday, January 23, 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:
November 2010
City $461,095
County $217,574
Schools $59,015
Fiscal year 2010-11 to date
City $922,828
County $405,843
Schools $110,500
November 2009
City $454,079
County $213,709
Schools $58,069
Fiscal year 2009-10 to date
City $1,004,007
County $440,566
Schools $119,720