Tax Data Series

Distributions to Schools, Fiscal Year 2014

The first Ohio casinos opened in May 2012 in Cleveland and Toledo, followed by the opening of the Columbus facility in October 2012.  Operations began in Cincinnati in March 2013. 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 on the last day of the month following the end of a calendar quarter. Pursuant to the funding shares prescribed by Ohio Revised Code section 5753.03(D); money is transferred from the Ohio Casino Tax Revenue Fund into the separate funds shown:

 5.00%  Gross Casino Revenue Host City Fund
 34.0%  Gross Casino Revenue County Student Fund *
 51.0%  Gross Casino Revenue 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)

Table GCR-S1FY14 shows the first fiscal year 2014 semi-annual distribution from the gross casino revenue student fund to all schools. The student population (or count) is also shown; the distributions are based upon student populations as certified by the Department of Education. This distribution took place in August 2013 and total approximately $45.4 million. Of this amount, $40.8 was distributed to traditional school districts, $1.7 million to joint vocational and technical schools and approximately $3.0 million to non-traditional schools; the latter includes education centers such as community schools, charter schools, preparatory schools, fitness and digital academies.