Racino payments survive Kasich’s budget, still short of promised deal

McHenry Industries making racino signs

COLUMBUS, Ohio (WYTV) – Payments to host cities in Ohio where racnios are operating survived Gov. John Kasich’s line item veto, but still fall short of what was promised voters when the facilities were constructed.

According to the Tribune Chronicle each community, including Austintown, was to receive payments of $500,000 per year for the life of the track. Now, those payment are reduced to two annual payments, with half of the money coming from the Casino Operator Settlement Fund and the other half coming from the permit holder.

The first payment is to be made by the end of this year, and the second by the end of 2016.

The money is to offset costs communities may incur with extra police and fire protection.

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