Casino revenue trickles to schools
The Ohio Department of Taxation issued its casino tax revenue reports for school districts last week, and districts are using the money for their general funds.
This month, Tiffin City Schools received $72,965.71. TCS received $70,847.03 in August. The funds received are to go into the district’s general fund, Superintendent Vicki Wheatley said.
“It is helpful whenever you receive money to try to improve what you are doing already,” Wheatley said. “It is good to have a flow like that from the revenue.”
Greg Edinger, superintendent for Vanguard-Sentinel Career and Technology Center, said the money is earmarked in the five-year forecast.
Vanguard-Sentinel is to receive $52,405.59; in August, V-S received $58,777.76.
“It is helpful to have an additional source of revenue,” Edinger said.
According to the Ohio Department of Taxation website, 34 percent of the gross casino revenue goes into the county student fund that is distributed to all school districts in Ohio based upon student populations. School districts receive distributions on or before Jan. 31 and Aug. 31 each year, collected from the four Ohio casinos in Toledo, Cleveland, Columbus and Cincinnati.
Bettsville Local Schools $3,993.07
Bridges Community Academy $3,254.31.
Buckeye Central Local Schools – $19,335.44.
Carey Exempted Village Schools – $21,916.32.
Clyde-Green Springs Exempted Village Schools $59,010.32.
Fostoria City Schools – $47,091.29.
Hopewell-Loudon Local Schools – $23,650.39.
Lakota Local Schools $27,824.24.
Mohawk Local School $24,995.23.
New Riegel Local Schools – $9,497.71.
North Central Academy – $1,441.07.
Old Fort Local Schools -$12,555.97.
Seneca East Local Schools – $25,104.18.
Upper Sandusky Exempted Village Schools – $43,327.49.