Miscellaneous Local Government Revenue Information

With the October 2013 county casino tax distribution of $129,982 the total Clinton County receipts for the year are $482,982 and the total received including 2012 is $592,894.

Cities had hoped that the counties would share the new income to compensate for some eliminated state funds. As far as I know no county has shared the wealth.

School districts also receive casino revenue but distribution is on a six months schedule. .

Based on Public School Student Population Within County

Semi annual distributions first half.

EAST CLINTON LOCAL SCHOOL $26,443.

BLANCHESTER LOCAL SCHOOL $28,534

CLINTON-MASSIE LOCAL SCHOOL $28,175

WILMINGTON CITY SCHOOLS $66,678

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Wilmington city council, earlier this year, proposed to maintain a cash reserve (rainy day) fund of twenty five percent of the current annual general fund's $7.76 million budget. The $2 million would be available for unforeseen events such as floods and other natural disasters. Due to a shortfall in income tax revenue, the loss of some state funding and some unplanned expenses the reserve was in danger of falling below the desired amount. Fortunately an unexpected windfall of $300,000 from estate taxes* has, so far enabled the reserve fund to keep up.

*this is the last year that the estate or inheritance tax will be available. Because the state legislature eliminated the tax.

Paul Hunter contact at paulhunter45177@gmail.com