Distributions – Casinos
The first Ohio casinos opened in May 2012 in Cleveland and Toledo. Each casino is required to file and remit taxes to the state of Ohio daily. Revenue accumulates in the Casino Tax Revenue Fund. By the 15th day following the end of a calendar quarter, money is transferred from the Ohio Casino Tax Revenue Fund into the following funds:
- Fifty-one percent (51%) into the Gross Casino Revenue County Fund. Money is distributed quarterly from this fund to all 88 counties based upon county population. If the most populated city located in that county had a population over 80,000 according to the 2000 census, then that city will receive fifty percent (50%) of the county money. The cities receiving fifty percent (50%) of the county distribution are: Akron, Canton, Cincinnati, Cleveland, Columbus, Dayton, Toledo and Youngstown. The Department of Taxation remits payments directly to the counties and largest cities by the last day of the month following the end of the quarter.
- Thirty-four percent (34%) into the Gross Casino Revenue County Student Fund. Money is distributed from this fund to all school districts in Ohio based upon student populations as certified by the Department of Education. Taxation receives a student count by county and by district within the county. Money is remitted directly to the school districts by January 31st and August 31st. The first distribution of casino revenue to school districts will be January 31, 2013.
- Five percent (5%) into the Gross Casino Revenue Host City Fund. Taxation remits directly to Cincinnati, Cleveland, Columbus, and Toledo five percent (5%) of the gross casino tax revenue collected at the casino within that respective city during the previous quarter. Payments are made by the last day of the month following the quarter’s end.
- Three percent (3%) into the Casino Control Commission Fund. One percent (1%) of the amount deposited into this fund is subsequently transferred to the Casino Tax Administration Fund.
- Three percent (3%) into the Ohio State Racing Commission Fund.
- Two percent (2%) into the Law Enforcement Training Fund. (Ohio Attorney General’s Office). Eighty-five percent (85%) of the amount deposited into the Law Enforcement Training Fund is subsequently transferred into the Police Officer Training Academy Fund; and fifteen percent (15%) is transferred into the Criminal Justice Services Casino Tax Revenue Fund.
- Two percent (2%) into the Problem Casino Gambling and Addictions Fund. (Alcohol and Drug Addictions Services)