NORRISTOWN PA – Money that could benefit Montgomery County parks and historic sites in Royersford, Mont Clare, Pottstown, Oaks, Schwenksville, Worcester and Green Lane would come from redistributing Valley Forge Casino and Resort revenue that currently is sent directly to the state Commonwealth Financing Authority, The Limerick Patch online news service reported Monday (July 16, 2012).
County politicians and the county representatives in the state Legislature held a press conference Monday to promote the introduction of House Bill 2552, which would redirect 2 percent of the casino’s gross revenue from the authority’s coffers to the county Parks and Heritage Services Department, as well as two area non-profit agencies: Laurel House and Mission Kids.
State representatives estimate the switch would provide $1.2 million to be divided between the three, the bulk of which would be earmarked for the parks’ maintenance and upkeep, The Patch reported. The non-profits deal with child and domestic abuse victims.
The department operates Upper Schuylkill Valley Park in Royersford, Lock 60 in Mont Clare, Pottsgrove Manor in Pottstown, Lower Perkiomen Valley Park in Oaks, Pennypacker Mills in Schwenksville, the Peter Wentz Farmstead in Worcester, and Green Lane Park in Green Lane.
Existing state law sends what politicians call the county’s “share assessment” of casino revenue to the authority, which has the power to redistribute it. The bill, if passed by both the state House and Senate and signed into law by the governor, would enable the county to recapture the cash directly, according to The Patch.
- Read a story by writers Nikki Adams and EJ Smith, titled “New Bill Would Redistribute Casino Funds Back to Montco” and published Monday by The Patch, here.
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