County casino tax funds directed toward capital improvements

Total allocations topped $545,000 last year

Logan County collected $545,933 in 2018 in taxes paid statewide from casinos in Cleveland, Columbus, Cincinnati and Toledo, and is currently on pace to exceed that total this year, based on collections reported by the Ohio Department of Taxation.

A total of $133,356.12 was received by the county in January as part of casino tax allocations for the third quarter period between Oct. 1 and Dec. 31 of last year.

County casino tax distribution received in April from the first three months of this year amounted to $142,428, according to information from the state tax department.

County commissioners allocate casino tax receipts toward debt service payments on the renovated Logan County Courthouse.

Those tax allocations are directed toward the county’s capital improvements fund, and are utilized to pay off debt accrued as part of the courthouse renovation project.

Payments against that 30-year debt are paid twice annually. An interest payment is made in middle of the year, and a payment against the principal is paid at the end of the year.

Logan County schools received a combined amount of about $192,568 for their first distribution of the calendar year as follows: Bellefontaine City Schools $62,334; Indian Lake $39,117; Benjamin Logan $42,183; Riverside $15,976; West Liberty-Salem $14,456; and Ohio Hi-Point Career Center $18,502.

Casinos combined for more than $284 million in revenue for the first quarter of this year.

Casino tax payments to school districts are paid out twice annually, in January and again in August.

Ohio casinos pay a 33 percent tax on gross revenue. Of that 33 percent tax, 51 percent is distributed to individual counties, based on population, and 34 percent is paid out to schools.

Portions of the tax are also directed to the casino’s host cities, as well as to the Ohio state racing commission, the casino control commission and to funds supporting law enforcement training and problem gambling and addiction.

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