Country Crossing Generates $1.8M Surplus for Houston County, AL in 2009

BINGO! Houston County, AL just won the $1.8M jackpot with newly open Country Crossing Bingo Stamp fees

Jan 04, 2010, 19:58 ET from Country Crossing

DOTHAN, Ala., Jan. 4 /PRNewswire/ -- Houston County enacted a $1,000 per bingo machine annual stamp fee in September. Country Crossing, which opened December 1, 2009, gave the Houston County Commission $142,000 to cover operations through December when it opened and another $1,693,000 to cover a full year of bingo stamp fees just before the New Year. Country Crossing, which has just under 1,700 electronic bingo machines, has paid a total of $1,835,000 in Bingo Stamp Fees to the county. In return the Houston County Commission issued Country Crossing its 2010 Bingo Machine Stamps.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091224/CL30465LOGO)

Country Crossing, which is already acting like a stimulus by creating jobs and driving in tourists in Houston County, just gave the cash strapped County more of a stimulus injection.

Like many other counties across the nation, Houston County where Country Crossing is located, has a tough budget year because of a declining economy and tax revenues.

Houston County Commission Chairman Mark Culver said, "Rules concerning the bingo stamp revenues prevent them from being used to cover pay raises for county employees. The money from the revenues would be used for capital projects or to plump up the county's reserve fund balance".

Photo available upon request to: kirt@websterpr.com

SOURCE Country Crossing



RELATED LINKS

http://www.countrycrossing.net