From WIVB Channel 4 in Buffalo:
“If we spend it now and it’s not there and this thing lasts for quite some time it can cause a lot of problems,” said Andrew Touma, Niagara Falls City Councilman.
Touma is calling for a 90-day moratorium on casino revenue spending following the Seneca Nation’s announcement to discontinue payments to the state.
“We collect about $16 million a year and of that money around $11 or $12 million per year is used in the general budget. Just to cover expenses in the general budget and then we use other monies for capital projects,” said Touma.
2 thoughts on “Looming casino revenue loss could hit Niagara Falls hard”
Apparently, the 5000 seat entertainment centre for Fallsview Casino will be built where the Best Western Fallsview is now located.
You beat me to it Drafty… you always do! 🙂
I took a picture of the public notice sign yesterday and will post it tomorrow