Purpose:

To return a portion of the taxes collected from racetracks to those municipalities where horse or dog tracks or certain county fairs are located.

How were the estimates determined?

The State Racing Commission estimates the "handle" or total amount to be wagered in FY2007 based on the actual "handle" in the last six months of FY2005 and first six months of FY2006.

Why did the estimates change?

Estimates typically do not change between budget proposals.

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