A municipality or county may pass an ordinance prohibiting video gaming within the corporate limits of the municipality or unincorporated area of the country, respectively. Video gaming can also be prohibited through a majority vote for the passage of a referendum seeking to ban video gaming in that municipality or county.
Those municipalities and counties which do not prohibit video gaming will be allocated funds monthly by the Department of Revenue. The amount of such funds allocable to each such municipality and county will be in proportion to the tax revenue generated from video gaming within the eligible municipality or county as compared to the tax
revenue generated from video gaming statewide. The funds may be used for any general corporate purpose authorized for that municipality or county.
Tuesday, August 11, 2009
So where does Boone County and the City of Belvidere stand on this issue?
Board members voted 15-0 to opt out of Illinois' Video Gaming Act, which was approved by legislators last month as part of a plan to fund a large capital improvement bill.
"Of the nine states that have legalized (video gambling), three have rescinded it because video poker was fraught with social costs of addiction,"
The program uses $743,000 from the Grand Victoria's taxes paid to the city and has been up and in effect since 1996. The checks are mailed annually to residents age 65 or older who own a home and who complete and file an application with the county in which they live. Qualifying homeowners receive $200, while those living in mobile homes receive $35. According to data from the city, 3,357 checks went out last year to seniors.
Boone County Treasurer Curtis P. Newport has announced he will run for re-election and seek the Republican Party nomination in the Feb. 2, 2010 primary.
Read the rest of the story by clicking on the following: The Belvidere Daily Republican. - Curt Newport announces candidacy for Boone County Treasurer