New York’s Video Lottery Terminals Impact Aid program has been restored, state Sen. Michael Nozzolio, R-Fayette, said this week. The program provides more than $1.5 million to the town of Farmington and Ontario County to assist with the costs of maintaining VLTs at the Finger Lakes Casino & Racetrack.
The VLT Impact Aid program assists communities that have a racino or VLT facility in addressing local issues, such as traffic congestion, infrastructure improvements and area beautification.
Gov. Andrew Cuomo’s executive budget proposal released in January eliminated all VLT Aid in the state, except for Yonkers, where the Empire City Casino is located. However, the final joint budget legislation, which will be voted on later this month, includes over $1 million in VLT aid for Farmington and $380,000 for Ontario County.
“The Finger Lakes Racetrack plays a critically important role in our area's economy,” Nozzolio, a member of the senate Task Force on the Revitalization of the Racing Industry in New York, said in a statement. “While it is critically important to reduce state spending, we must continue to support programs that drive economic growth and encourage tourism and in our communities.”
(c) 2011 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail firstname.lastname@example.org.