Clark leaders say casino money too unpredictable

County governments, schools see drop in their share of gambling money.

Clark and Champaign county governments have seen a drop in casino revenue for the second consecutive quarter.

Clark County Commissioner John Detrick said the casino funds are an unreliable source of funding that do not replace the state’s cuts in local government funds.

“This is definitely a help, and we’re glad to get it. But casino money is an unknown and can go down,” Detrick said.

Clark County will receive more than $416,000 this month, down nearly 3 percent since July, when the county received more than $428,000. Champaign County will get about $120,000, down from more than $123,000 in July.

Clark County has received more than $2.3 million since counties in Ohio began receiving casino tax revenue in July 2012.

Schools in Clark and Champaign counties will get more than $792,000 combined, according to a report released this week by the Ohio Department of Taxation.

The money will be distributed to the county and school districts Jan. 31 and will mark just the third time the schools will receive a share of the casino money.

The Springfield City School District will get more than $194,000, according to the report.

But Springfield school officials say the funding makes up only a half a percent of the district’s $82 million budget.

“The casino money is nice to have, but its such a small amount,” said Springfield Controller Dale Miller said. “We do appreciate the support … But this is not a solution (to school funding).”

Ohio voters in 2009 amended the state constitution to allow casinos in Cleveland, Toledo, Columbus and Cincinnati. The state levies a 33 percent tax on adjusted gross gambling revenue, which is the amount left after winners are paid.

School districts in Ohio share 34 percent of that tax revenue and receive two casino payments per year. Local governments receive four casino payments each year, and the January distribution will be the seventh payment for Clark County since casinos opened.

Ohio casinos have fallen short of revenue projections, resulting in smaller than expected payouts to local governments in Clark and Champaign counties as well as other entities statewide.

Overall casino-tax revenue was more than $68.7 million for the quarter ending Dec. 31, a drop from the $70.2 million collected in the previous quarter in October of last year, according to a report by the Ohio Department of Taxation.

State officials predicted the casinos would bring in nearly $940 million in taxable gross revenue in fiscal year 2014, said Fred Church, deputy director of the Ohio Office of Budget Management.

But if recent monthly revenue figures continue, Church estimated recently that casinos could be on pace to gross about $850 million.

“Do I think it’s going to be lower than $940 million? Yes. But I don’t have enough experience with this to know how this is going to play out,” Church said.

Church said predicting how the casinos will perform is difficult because they have not been operating long enough. He said more would be known in a couple years.

Reader Comments ...

Next Up in News

Michael Phelps reveals he considered suicide after 2012 Olympics
Michael Phelps reveals he considered suicide after 2012 Olympics

Swimmer Michael Phelps has revealed that after the 2012 Olympics, he considered suicide. “Really, after every Olympics I think I fell into a major state of depression,” he told David Axelrod at the fourth annual conference of the Kennedy Forum, an organization for mental health advocacy, according to CNN. Phelps revealed that...
Dogs found in perfect condition in home where 13 siblings held captive
Dogs found in perfect condition in home where 13 siblings held captive

A pair of well-kept dogs were taken from the Perris, California, house where 13 children were found shackled and severely malnourished last week. David Turpin, 57, and Louise Turpin, 49, are facing a minimum of 94 years for charges including child neglect and torture after police said their children, ranging from ages 2 to 29, were discovered in their...
COMMENTARY: You can’t go wrong with Ben Franklin’s wisdom

When I used to teach American literature as part of our sophomore curriculum, I always looked forward to teaching the Ben Franklin excerpts from “Poor Richard’s Almanac.” Why? First of all, these proverbs and aphorisms reflect a way of thinking that gives great insight into the American psyche and identity of a certain age &mdash...
Student of the Week Emmanuel Christian Academy
Student of the Week Emmanuel Christian Academy

Name: Matthias Tedros School: Emmanuel Christian Academy Grade: 12 Age: 16 Extra-curricular: JV/Varsity Hockey, Varsity Soccer, Varsity Lacrosse, Volunteer at Hospital, Front of House job at NTPRD Chiller, Piano, Guitar, Alto and Bari Saxophone Claim to fame/honors: Lacrosse: First Academic Team, Academic Scholar Award, Hockey: First Academic Team...
Athlete of the Week Emmanuel Christian Academy
Athlete of the Week Emmanuel Christian Academy

Name: Dylan Herring School: Emmanuel Christian Academy Grade: 12 Age: 17 Sports: Golf, Bowling, Baseball Claim to fame/honors: MBC Bowling Player of the Year, State Bowling Honorable Mention Words you live by: “There may be people who have more talent than you, but there’s no excuse for anyone to work harder than you do - and I believe...
More Stories