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Slot Machine Terminal Revenues to be Lost

There is a current uproar of a proposed bill that would change where slot machine revenue was going to end up. According to the budget bills that Governor Eliot Spitzer announced this week. There will be a poverty tax imposed that will take almost $5 million from the city of Saratoga Springs and Saratoga County.

State Sen. Majority Leader Joseph Brunswick is planning on fighting the new tax, saying that the money that would be lost by both the city and the county would hurt them tremendously. He says that they need the money because of the toll that the Saratoga Gaming and Raceway have taken on them – their roads, fire, police, ambulance, etc. have all felt the brunt of the raceway.

Brunswick also says that the amount of people seeking help for slot machine and gambling addiction has increased as well, and they need that money to support those programs. The state’s representatives say that when they decided to allow slot machines at the track, they were promised that extra money as a means of supporting the impact that the slot machine would have on their area of the state.

The state wants to impose a poverty testing the slot machine impact aid, that would explore eliminating payments to every city and county that currently expects to get slot machine revenue.

 

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