FORT ST. JOHN -- As Fort St. John faces a 2024 budget deficit, the city is looking to re-direct casino revenues to help with the shortfall.
A proposal set to be presented to council on March 11, 2024, outlines intentions to re-allocate 100 per cent of revenues the city receives from the Chances Casino to go towards the operating budget.
Currently, any gambling returns in excess of $750,000 contrbutes to the operating of recreation and events at the Pomeroy Sport Centre and grants provided to the Community Foundation – including Community Bridge, the Women’s Resource Society, and North Peace Museum.
The city is exploring the option as a way to generate more revenue, with the administration saying the funds would be “better served” through the reallocation.
The move will still see local charities and community groups receive funding, that has been allocated to 2024 dollars.
The report, titled Allocation of Casino Revenue Above $750,000 was put together by Chief Financial Officer David Joy.
