A board that will determine how to share gaming revenues from the Nottawaseppi Huron Band of Potawatomi Indians of Michigan met on Monday.
The tribe's Class III gaming compact calls for 2 percent of slot machine profits from FireKeepers Casino to be shared with the community. The first payment was $1.93 million, double what was expected.
According to the compact, the money must be distributed in three tiers. First, local governments should be reimbursed for costs directly attributed to the casino.
Second, local governments or schools that can't collect taxes due to the casino's trust status will receive money. Finally, the FireKeepers Local Revenue Sharing Board can distribute the remaining money as it sees fit.
The board has six members and is expected to start making distributions within 90 days.
Get the Story:
Politics at play in maneuvering for casino funds
(The Battle Creek Enquirer 3/10)
Casino board meets today (The Battle Creek Enquirer 3/9)
Compacts
Board discusses Nottawaseppi Huron gaming revenues
Wednesday, March 10, 2010
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