CASINO TAX REVENUE

Published 12:00 am Sunday, September 28, 2008

Vicksburg’s four casinos pay a 3.2 percent revenue tax to the State of Mississippi that is divided with 10 percent to schools, 25 percent to Warren County and 65 percent to the city. A second revenue tax is a .8 percent share of the state’s 8 percent revenue tax. It is split based on population proportions between Vicksburg and Warren County. These are the latest receipts.

August 2008

City    $525,454

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County    $247,454

Schools    $67,209

Fiscal year to date

City    $6,495,212

County    $2,700,175

Schools    $733,359

August 2007

City    $530,120

County    $249,640

Schools    $67,805

Last fiscal year to date

City    $6,536,657

County    $2,797,743

Schools    $759,944

• Vicksburg’s four casinos also pay annual property taxes to the city and Warren County

• Vicksburg’s casinos pay a $150 annual fee per gaming position at various times each year. Last year, the city collected $733,440. So far this fiscal year, the city has collected $384,807.