No decision by Cuyahoga County Council on what to do with casino tax revenue

Casino tax money


Photographer: WEWS
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Cuyahoga County Council meeting_20110111222714_JPG


Photographer: John Kosich/WEWS
Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

advertisement

Posted: 06/26/2012

CLEVELAND - What generates more debate: How to cut money from a county budget, or how to spend new found cash? In Cuyahoga County, it's close.

County council Tuesday took up the issue again of what to do with its share of the tax money that will be generated by the state's new casino industry, an amount expected to be around $2 million this year and eventually as much as $11 million.

County Executive Ed FitzGerald wants the money to be used solely to promote economic development in Cleveland’s Downtown District, generally defined as the area bordered by Lake Erie south to the Innerbelt Bridge and from W. 25th Street to E. 25th Street.

Many council members said all or part of the money should go towards other things, like helping the inner ring suburbs that are about to be hit lower property appraisals.

"To stand back and believe in two years, if we make the core strong, somehow the inner rings are going to survive, I think is a myth," said Councilwoman Sunny Simon.

Councilman Dale Miller proposed 60 percent go to development in Downtown Cleveland, 20 percent toward development in the county and 20 percent toward a scholarship fund.

"I think there should be a human capital development component as well as a physical development component," said Miller.

Councilman Dave Greenspan encouraged council to hold off on making a decision on where to spend the money in an effort to determine what the impact of gambling will be on county services.

Parma’s Chuck Germana expressed concern over having the county should offer up its share of casino money to develop Cleveland’s core without a similar commitment from Cleveland itself.

“If Cleveland isn’t a part of this, I can’t be part of this,” he said.

Many council members spoke of letting the money build in a fund so that it could have a substantial impact when it is eventually spent down the road. FitzGerald though argued against that.

"There are a number of projects in the works that are looking for financing and if you told them well we might be able to help you in two years, the moment might pass and right now we have a lot of momentum and i think we need to keep it going," he said.

Council will debate the matter once again on July 24 with the hope of deciding what to do with the money by early September. FitzGerald urged them not to wait to long whatever they decide.

"I don't expect to get 100 percent of what I'm suggesting by the way, I'm ok with that but I'd almost rather get a quick decision then somebody tell me you're going to get everything you want if you wait a year."

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

  • Comments
  • More casino coverage
World Series of Poker tour coming to Horseshoe Casino Cleveland
World Series of Poker coming to CLE

The popular World Series of Poker tour is making stops at the …

Retired school administrator turns Horseshoe Casino Cleveland blackjack tournament into $100,000-win
Horseshoe winner looks back on good…

As Horseshoe Casino Cleveland marks its first anniversary, …

As Horseshoe Casino Cleveland marks 1st anniversary, car winner uses fortune to change future
Casino winner turns fortune into future

Casino winner trades in the Aston Martin he won at the …

Before you go gambling: The best and worst casino game odds
The best and worst casino game odds

John Matarese reports on which casino games give you the best …

Report: Ohio's 4 casinos see revenues dip in April
Report: Ohio's casinos see revenues dip

All four of Ohio's casinos saw dips in April revenues compared …

Cleveland Horseshoe Casino owners to buy Higbee building for $79 million
Horseshoe owners to buy Higbee building

The owners of the downtown Cleveland casino are planning to pay…

Electronic cigarette debate continues among Ohio casino customers
E-cigarettes allowed in some OH casinos

The tally of Ohio gambling venues slipped four to two in favor …

Horseshoe Casino Cleveland fined $180,000 by state regulators for compliance violations
Horseshoe CLE hit with $180,000 fine

The Horseshoe Casino Cleveland was hit with $180,000 fine for a…

Cincinnati Horseshoe Casino draws $21 million in first month
Cincy casino draws $21M in 1st month

Regulators say Ohio's newest casino raked in $21 million in …

Horseshoe Casino Cleveland hiring 90 dealers, table game supervisors
Casino to fill 90 jobs before training

The Horseshoe Casino Cleveland needs to fill 90 positions for …

Advertisement

Cleveland Headlines


  1. Runners, fans feel safe at CLE Marathon

    Runners, fans feel safe at CLE Marathon

    Runners and spectators definitely noticed the increased security presence during the 36th annual Rite Aid Cleveland Marathon on Sunday, but said they felt safe at the event.

    • Teacher donates hair before marathon

      Teacher donates hair before marathon

      Aurora High School honors biology teacher Mary Pavicic donated hair to the Wigs for Kids Foundation before running in Cleveland Marathon.

      • Kenyans win 2013 Cleveland Marathon

        • Police visited kidnap street regularly

          • Cost could sink Cleveland trash plant

            • Tips to beat tree, ragweed allergies

              • Secret to weight loss in your body type?

                • Trending now on newsnet5
                 
                • Stay Connected

                Send us a News Tip Send us a News Tip
                Mobile & iPhone/Android Apps Mobile & iPhone/Android Apps
                Twitter Twitter
                Facebook Facebook
                YouTube YouTube
                Community Calendar Community Calendar
                RSS Feeds RSS Feeds
                ClevelandLaw.tv ClevelandLaw.tv