It is up to you! Call today, send that Email right now, or if you really want results - make an appointment to visit your legislator at the capital, we can come with and show you the way, it only takes a few minutes. How much does this mean to you, your taxes, your horses or your business?
Lynn Hovda, chief commission veterinarian for the Minnesota Racing Commission, spends considerable time at Canterbury Park, even during the non-racing season.
She shared the following general information in regards to the handling of horses at Canterbury Park.
Race Track Casinos
Annual Tax Payments
In the 11 states with racetrack casinos in operation in 2007, casinos contributed more than $2.22 billion in tax revenue to state and local governments, a 54.6 percent increase over 2006 data. The revenue from those taxes benefits education, public safety, economic development and infrastructure improvements, among other state and local programs.
Distributions to State/Local Governments or Programs
$216.63 Million - General Fund
$101.15 Million - Statewide Education
$109.90 Million - Infrastructure, Local Gov't, Environment, and Education
$68.15 Million - General fund, Purses and Local Parishes
$20.59 Million - Education, Health Care, Agriculture
$63.64 Million - General Fund, Problem Gambling Treatment
$449.90 Million - Public Education
$10.17 Million - Education and Purses
$461.07 Million - Property Tax Relief, Tourism, Local Government
$283.61 Million - General fund
$439.94 Million - Education, Senior Citizens, and Tourism
Racinos Benefit All Minnesota Horsemen with Non-Racing Equine Activities Fund
The Horsemen’s Bill for Racinos requires a portion of Racino revenue be set aside for non-racing equine service and promotion activities. The non-racing equine fund is estimated to be $3 - $4 million every year once the Racinos are in operation. The fund will be administered through the Department of Agriculture and will be distributed through a grant application process. This presents a wonderful opportunity for non-profit organizations that serve and celebrate horses and riders like 4-H, therapeutic riding programs, equine health research and breed or performance promotion groups among others.
The St. Paul Pioneer Press reported that Canterbury Park Holding Company was ranked in the top 100 publicly held Minnesota Businesses based upon current market value in the Sunday, March 22 edition of the paper.
