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
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.