12/31/2023 0 Comments Casino near upstate nyLocal officials in two of the localities, contacted this week, said the license fee payments are helpful from a budgetary standpoint. Some of the recipient jurisdictions are smaller-sized, and the license fee payments are significant compared to their annual budgets and tax revenue streams. The money stands to offer a welcome, albeit limited, financial boost in places where it will be received. Individual payments range from $117,546 up to about $2.5 million, according to figures released last week by Gov. New York state is dividing $30.2 million of the license fee revenues between 22 counties, and three municipalities. Local governments in upstate New York haven’t hit the jackpot, but some are cashing in as the state distributes license fee revenues from three new casino projects now under construction.
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