Gaming Revenue Impact on Government Spending

Money received by Allegheny County from gaming taxes almost certainly delayed hard budgetary choices. Would the County have raised taxes or cut spending in the absence of gaming dollars promised or received? Recall that the County Executive intercepted gaming derived payments totaling $40 million, money intended originally to be used by Pittsburgh International Airport to pay down debt incurred to construct the new airport facilities. The intercepted funds were used to plug holes in the County's budget. In absence of this "found" money, extremely hard budget decisions would have been required.


1 comment:

Anonymous said...

At first I thought this was going to be a humorous post, but it turned out to be pretty cool information.
That's pretty intense. It was very fortunate for them in the end. What happened to the debt from the Airport that made it possible for them to move the funds?