Tuesday, 10 July 2012 18:31

Summit County Banks Casino Tax Windfall Featured

Written by  Larry States
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Akron and Summit County are already reaping the tax rewards from the casino tax for the state's two casinos in Cleveland and Toledo. The city and county are getting an initial check for $235,000 each. Summit County Budget Director Brian Nelson tells AkronNewsNow  more will be on the way this year.

" For 2012 we had projected just over $700,000 in casino revenue. Based on this essentially first half quarter settlement that we got I think we're clearly in line to make those estimates."   

Nelson says Summit County will deposit the casino tax windfall into its general fund to offset some of the losses from state budget reductions over the past couple of years.

He says there was never any question as to where the money would go, and he says it will help Summit County to make up for a portion of the local government fund losses.

Larry States

Larry States

Larry States has been a news anchor and reporter for 36 years at radio stations in Akron and Canton, including the last 26 at 1590 WAKR. States served as News Director of WAKR for 14 years. Larry also served as news director of the former WAKR TV 23 in Akron. Larry was inducted into the Broadcasters Hall of Fame in Akron in 2004. He is currently a member of the Summit County Emergency Management Committee. An Akron native, Larry is a 1970 graduate of Hower High School and a 1975 graduate of the University of Akron. Contact Larry through the newsroom at 330-864-6397 or email at lstates@rcrg.net

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