And, what makes matters worse is that casino revenue had been increasing two to three percent a year, according to the Unified Government CFO Kathleen VonAchen.Ĭasino money only represents three percent of the total UG budget, but sales tax collection is also slightly down which means there is belt-tightening.Īfter the first of the year the UG 'may be looking at layoffs,' Taylor said.
The casino closed in April and hours have been cut since it reopened. Last year during the same period the UG raked in about $1.3 million. However, business at the casino will have to pick up to meet that estimate.īetween March and July (the last report available), the UG share of revenue was about $663,000. The UG expects to collect 25% less this year or about $4.4 million. Last year that put $5.7 million in the bank. The Unified Government receives three percent of gross revenue at the state-owned casino.
