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Nearly $500,000 in gaming tax revenue distributed to municipalities and schools





For Immediate Release: Thursday, February 22, 2018
Contact: Wade LaRoche, Public Affairs Manager, 605-773-5869

 

Pierre, S.D. – The South Dakota Commission on Gaming announced its 2018 funding release to Black Hills area municipalities and schools.

 

The entities receiving these gaming tax revenues do not have restrictions on how the funds can be used, according to gaming statutes.

 

Municipalities receiving funds are:

 

Central City

$2,752.08

Lead

$48,519.37

Spearfish

$177,787.69

Whitewood

$15,080.77

Total

$244,139.91

 

If a school district receives any general state aid, the amount of state aid paid to that district is offset on a dollar-for-dollar basis by any funds that it received through gaming tax revenues.

 

School districts receiving funds are:

 

Belle Fourche School District

$370.60

Lead-Deadwood School District

$56,953.22

Spearfish School District

$175,408.12

Meade School District

$11,407.97

Total

$244,139.91

 

All distributions of revenue are being made in accordance with SDCL 42-7B-48.1(3).

 

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