4/4/2018 12:24:44 PM
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Section 5: OPA Board Subject: Casino Funds History Msg# 1009958
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Ted, I posted the following message to Larry Perone of the Budget & Finance Committee. He did not respond.
Larry, as a member of the Budget & Finance Committee can you shed some light on how the $300,000 or so a year income from casino local impact funds is handled in the budget? That said, is this income of $300,000 reflected in the actual assessment? In other words where can one see in the budget that the assessment is effectively lowered by that $300,000? Can you explain where the casino funds of about $300,000 per year are in the budget as income/revenue so that the assessment would be that much lower? I am of the feeling that this revenue is not reflected in the actual budget insofar as the assessment calculation is concerned. If I am correct, why is the money not revenue that would lower the assessment? |
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For reference, the above message is a reply to a message where: Larry, as a member of the Budget & Finance Committee can you shed some light on how the $300,000 or so a year income from casino local impact funds is handled in the budget? I know the funds are transferred by the state to an OPA special account and then later transferred to some other account in reserves for roads. That said, is this income of $300,000 reflected in the actual assessment? In other words where can one see in the budget that the assessment is effectively lowered by that $300,000? |
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