Stow-Munroe Falls Schools to Get More Than $111K in Casino Taxes This Month
Casino money will be distributed twice a year.
The Stow-Munroe Falls school district will soon receive more than $111,000 in taxes from the state’s new casinos.
Figures for this first set of payments were released earlier this week. The Plain Dealer reports that the state is passing out more than $37.9 million in casino taxes to schools and districts across Ohio. Schools will receive their payments — based on enrollment — in January and August each year.
Check out the Plain Dealer article for more information on how the casino taxes are divided between schools, cities and more.
Stow-Munroe Falls will receive $111,597, according to information on the Ohio Department of Taxation's website. Summit County schools, including charter schools, will receive about $1,629,158 total.
RLK
11:42 am on Friday, January 11, 2013
Does the school have a plan for how these additional funds will be spent?
J
12:58 pm on Friday, January 11, 2013
I assume it will be used to finance the media campaign for the next millage increase or spread the IB program to new schools…
Or… it could pay to have an off duty police officer located in each of our nine schools each day of the week…
Hmmm… I wonder what the board will do???
joseph
6:10 pm on Friday, January 11, 2013
question: Is this their first payment from the casino's? If not how often are they paid?
Geoffrey Watson
6:21 pm on Friday, January 11, 2013
It's the first payment and the money gets distributed every 6 months.