The Press Newspaper
Wood County - Commissioners pledge casino taxes to roads, bridges
It didn’t take long for the Wood County Commissioners to find a place for the revenues the county is receiving from casinos.
The three commissioners have announced they’ll allocate the first quarterly allocation – about $110,000 – to the engineer’s department for bridge and road repairs.
Commissioner Tim Brown said the tax revenues represent an opportunity to address one of the “most important functions of county government,”
“The sooner our roads and weight load-limited bridges can be repaired, the less time our school buses will have to spend on the road avoiding weight limited bridges and the less time it will take for emergency responders to meet the needs of our citizens and businesses,” he said.
However, the casino tax dollars don’t offset the loss of other tax revenues cut by the state or revenue losses from lower property tax collections and lower investment income, the commissioners said.
The commissioners plan to evaluate the casino payouts each quarter.
In 2009, Ohio voters passed a constitutional amendment that provides for four casino facilities in Cleveland, Toledo, Columbus, and Cincinnati.
The gross casino revenue tax is imposed on licensed casino operators at the rate of 33 percent. The Ohio Department of Taxation defines gross casino revenue as the total amount of money exchanged for tokens, chips, and tickets at a casino facility, less any winnings paid out to bettors.
The roads, in the order of their projects, are:
• Elliston-Trowbridge, between State Route 579 north to the county line.
• Nissen Road, from Hellwig Road north to the county line.
• Moline-Martin Road, from Elliston-Trowbridge to Nissen.
• Walbridge East Road, from Reiman Road to Fostoria Road.
• Fostoria, from Route 579 north to the county line.
• Plasterbed Road, from Gypsum Road to State Road.
• Gypsum., from State to Plasterbed.
• Church Road, from State Route 163 to Bayshore Road.
• Bayshore, from Route 163 to State Road.
Weather permitting, construction is expected to be complete by Sept. 5.
Named to commission