Several years ago
Ohio's voters approved a casino referendum, at least partly because
the resultant revenue would be shared with all the counties and
school districts. As we all now know the boys and girls in Columbus
don't like sharing their money with the local folks. (See streets
conditions and local tax levies).
In a successful
effort to divert gambling dollars away from outlying local
governments the legislature approved a “racino” (race track
-casino) law that keeps more money in the state's excess cash account
while sending zero dollars to Clinton County and county school
districts.
Please note the news
releases announcing that May's casino revenues were down while racino
revenues increased. That's good for the state and bad for the local
economy.
Paul Hunter
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