Tax Data Series

GROSS CASINO REVENUE:
Quarterly Distributions and Year to Date, Fiscal Year 2014

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; payments are made by the Ohio Department of Taxation at the end of a calendar quarter. Pursuant to the funding shares prescribed by Ohio Revised Code section 5753.03; money is transferred from the Ohio Casino Tax Revenue Fund into the separate funds shown:

5.0%

Host City Fund

34.%

Student Fund *

51.%

County Fund

3.0%

Casino Control Commission Fund - one percent (1%) of the amount deposited into this fund is subsequently transferred to the Casino Tax Administration Fund.

3.0%

Ohio State Racing Commission Fund

2.0%

Law Enforcement Training Fund (Ohio Attorney General’s Office) - eighty-five percent (85%) of the amount deposited 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

2.0%

Problem Gambling & Addictions Fund (Alcohol and Drug Addictions Services)

The first GCRQ2 table shows two quarterly distributions of Ohio’s gross casino revenue tax for fiscal year 2014; July and October 2013. A total of $70.2 million was distributed to seven separate funds including 88 county treasurers and 8 eligible municipalities.

The second GCRQ2 table shows the distributions made from the county fund to each county treasurer’s office. Money is distributed based upon county population. For the first two quarters of fiscal year 2014, a total of $71.9 million was transferred from the fund where $55.1 million was distributed to each county and $16.8 distributed to eligible municipalities.  If the most populated city located in that county had a population over 80,000 according to the 2000 census, then that city receives 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.  These municipal distributions appear on the last GCRQ2 table.

In addition, the last GCRQ2 table shows the direct distributions made to the host cities; Cincinnati, Cleveland, Columbus, and Toledo receive five percent (5%) of the gross casino tax revenue collected at the casino within that respective city during the previous quarter. Total fiscal year-to-date direct distributions were approximately $7.0 million. Combined with the distributions made to eligible municipalities from of the county fund, this table shows a total of almost $23.8 million made to municipalities.

* 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.