New York Casino Gambling Amendment, Proposal 1 (2013), fiscal note

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On October 2, 2013, the State of New York Division of the Budget released a report estimating how accumulation and allocation of new tax revenues would occur after the passage of New York Casino Gambling Amendment, Proposal 1 (2013). Proposal 1 was approved by voters. Below is information regarding the allocation of such estimated revenues created:[1]

Methodology

The revenue estimates were based on an average of the different recognized scenarios possible under the law. The methodology for estimated revenues reflected variables such as proximity to population centers, regional income variations, potential impacts of existing facilities for Video Lottery Terminals (VLTs) and the applicable tax rates in the gaming regions as specified by the statute. The estimates also included revenue from two new VLT facilities operated by the Nassau and Suffolk OTBs.

Statewide impact

The annual statewide fiscal impacts were listed as follows:

  • Total statewide fiscal impact: $430,000,000
  • For education and property tax relief: $344,000,000 or 80% of the total[2]
  • For host municipalities and counties: $43,000,000 or 10% of the total
  • For other counties in the region: $43,000,000 or 10% of the total

Regional impact

The annual regional fiscal impacts were listed as follows:

  • Western New York/Finger Lakes: $93,100,000
  • North Country: $16,800,000
  • Central New York/Mohawk Valley: $44,200,000
  • Eastern Southern Tier: $20,100,000
  • Capital Region: $35,500,000
  • Catskill/Hudson Valley: $51,000,000
  • New York City: $94,400,000
  • Long Island: $63,300,000
  • A potential fourth casino would provide an additional $11,700,000 to counties in one eligible upstate gaming region

Indian gaming impact

Under Proposal 1, for the first time, every county in an Indian exclusivity zone shares in Indian gaming facility revenues partly due to the settlement between the state and Oneida Indian Nation in May 2013. The annual fiscal impacts regarding Indian gaming exclusionary zones were as follows:

  • 10% will be distributed to counties in each respective exclusionary zone
  • Western New York/Finger Lakes: $8,900,000 from Seneca Nation of Indians
  • Central New York/Mohawk Valley: $23,500,000 from Oneida Indian Nation

County impact

In addition to each county receiving a portion of the total revenues, counties that geographically host a casino receive an additional allocation. The annual host county impacts were listed as follows:

  • Eastern Southern Tier Host County: $6,405,000
  • Capital Region Host County: $11,416,667
  • Catskills/Hudson Valley Host County: $13,704,250

The annual county fiscal impacts were as follows:

County Region School Aid/Prop Tax County Distribution Total
Allegany Western New York/Finger Lakes $1,221,758 $303,192 $1,524,949
Cattaraugus Western New York/Finger Lakes $1,979,340 $8,196,195 $10,175,534
Chautauqua Western New York/Finger Lakes $2,588,832 $837,271 $3,426,103
Chemung Western New York/Finger Lakes $690,099 $278,730 $968,828
Erie Western New York/Finger Lakes $13,626,315 $8,334,783 $21,961,098
Genesee Western New York/Finger Lakes $1,098,814 $376,047 $1,474,861
Livingston Western New York/Finger Lakes $1,000,283 $406,350 $1,406,632
Monroe Western New York/Finger Lakes $10,895,353 $4,688,681 $15,584,035
Niagara Western New York/Finger Lakes $3,170,910 $24,653,982 $27,824,892
Ontario Western New York/Finger Lakes $1,494,396 $680,399 $2,174,794
Orleans Western New York/Finger Lakes $893,318 $268,576 $1,161,894
Schuyler Western New York/Finger Lakes $131,218 $58,040 $189,258
Steuben Western New York/Finger Lakes $2,199,486 $621,111 $2,820,597
Wayne Western New York/Finger Lakes $882,550 $291,429 $1,173,979
Wyoming Western New York/Finger Lakes $580,616 $262,657 $843,273
Yates Western New York/Finger Lakes $266,357 $158,903 $425,260
Clinton North Country $1,370,639 $669,095 $2,039,734
Essex North Country $400,712 $319,257 $719,969
Franklin North Country $1,080,407 $3,187,500 $4,267,907
Hamilton North Country $31,240 $39,152 $70,393
Jefferson North Country $2,097,369 $985,460 $3,082,828
Saint Lawrence North Country $2,168,709 $3,187,500 $5,356,209
Warren North Country $715,706 $537,036 $1,252,742
Cayuga Central New York/Mohawk Valley $1,099,445 $431,901 $1,531,346
Chenango Central New York/Mohawk Valley $1,342,607 $271,094 $1,613,702
Cortland Central New York/Mohawk Valley $853,490 $268,602 $1,122,092
Herkimer Central New York/Mohawk Valley $1,313,177 $350,225 $1,663,402
Lewis Central New York/Mohawk Valley $641,008 $147,804 $788,812
Madison Central New York/Mohawk Valley $1,099,213 $3,500,000 $4,599,213
Oneida Central New York/Mohawk Valley $3,889,400 $15,000,000 $18,889,400
Onondaga Central New York/Mohawk Valley $6,917,465 $2,534,616 $9,452,081
Oswego Central New York/Mohawk Valley $2,555,608 $660,729 $3,216,338
Otsego Central New York/Mohawk Valley $996,656 $335,028 $1,331,684
Broome Eastern Southern Tier $2,948,759 $2,607,068 $5,555,827
Chemung Eastern Southern Tier $690,099 $585,169 $1,275,267
Schuyler Eastern Southern Tier $131,218 $121,850 $253,068
Seneca Eastern Southern Tier $611,090 $464,720 $1,075,810
Tioga Eastern Southern Tier $1,003,971 $664,443 $1,668,414
Tompkins Eastern Southern Tier $984,523 $1,349,920 $2,334,443
Wayne Eastern Southern Tier $882,550 $611,830 $1,494,381
Albany Capital Region $2,725,425 $3,345,284 $6,070,709
Fulton Capital Region $1,061,225 $601,528 $1,662,753
Montgomery Capital Region $918,148 $546,944 $1,465,092
Rensselaer Capital Region $2,053,954 $1,750,482 $3,804,436
Saratoga Capital Region $2,205,678 $2,432,758 $4,638,436
Schenectady Capital Region $1,962,914 $1,698,888 $3,661,802
Schoharie Capital Region $594,481 $351,542 $946,023
Washington Capital Region $1,130,710 $689,241 $1,819,951
Columbia Catskills/Hudson Valley $662,052 $786,600 $1,448,652
Delaware Catskills/Hudson Valley $781,410 $595,006 $1,376,417
Dutchess Catskills/Hudson Valley $2,924,474 $3,742,035 $6,666,509
Greene Catskills/Hudson Valley $581,113 $612,589 $1,193,702
Orange Catskills/Hudson Valley $5,712,770 $4,713,533 $10,426,303
Sullivan Catskills/Hudson Valley $1,161,089 $966,501 $2,127,591
Ulster Catskills/Hudson Valley $2,002,697 $2,287,985 $4,290,682
Putnam Catskills/Hudson Valley $923,027 N/A $923,027
Rockland Catskills/Hudson Valley $2,057,300 N/A $2,057,300
Westchester Catskills/Hudson Valley $6,813,369 N/A $6,813,369
NYC (5 Boroughs) New York City $94,359,256 N/A $94,359,256
Nassau Long Island $9,737,054 $17,200,000 $26,937,054
Suffolk Long Island $19,155,916 $17,200,000 $36,355,916

Comments by NY Comptroller

New York Comptroller Thomas DiNapoli (D), the state’s chief financial officer, said on October 2, 2013, that he was undecided on whether to support or oppose the amendment to expand gambling. He said, “My overall view would be one of caution, and not to put too high expectations if it passes... If the revenues come in as strong as the proponents argue, then great. Then we can figure out how to work that into our long-term plan. But in the short run I’d be very [cautious] before I would consider that to be a solid source of significant revenue.”[3]

References