Late last month, the township received the fourth quarter (January 1 to March 31, 2020) non-tax gaming revenue payment of $86,016 for hosting Shorelines Slots at Kawartha Downs. Any payment for the next quarter will be significantly lower as the facility, along with all OLG facilities and service providers closed on March 16th on the advice of public health authorities, and will not reopen until the province deems it is safe to resume operations. The city of Peterborough received a payment in the amount of $620,889 for the same period. During the fiscal year which runs from April 1st 2019 to March 31st, 2020, the township has received a total of $460,953 while the city’s receipts for the same period were $3,105,693.
“During these unprecedented times, we all feel a closer connection to our local community. Often the biggest impacts are the result of actions we take to help our neighbours,” said Laurie Scott, MPP for Haliburton—Kawartha Lakes—Brock. “This fourth-quarter payment comes at a vital time as all levels of government work together to support people and employers during the COVID-19 pandemic.”
OLG makes payments to host communities under the Municipality Contribution Agreements, using a prescribed formula consistently applied across all sites in Ontario that is based on a graduated scale of gaming revenue at the hosted site or sites. Due to the temporary closure of all gaming sites, this quarter’s payment was impacted by approximately 15 days’ worth of revenue and OLG expects the July 2020 payment will also be impacted. KG
