The Regular Person’s Guide to the

Maryland Slot Machine Referendum

Proposed Allocation of Funds

If slot machines are approved by voters, funding distributions are as follows:

Education Fund	$660m	48.50%
Licensees	$449m	33%
Racing Purses	$95m	7%
Local Governments	$75m	5.50%
Racetrack Renewal	$34m	2.50%
Lottery Operating	$27m	2%
Minority Business Investment	$20m	1.50%

Further detail of funding for select items:

The purse dedication account for horse racing purses and the horse breeding industry: 7% - not to exceed $100 million annually
The funding for local governments where a slot machine facility is operating (5.5%) - Eighteen percent of which will go for 15 years (beginning in 2012) to Baltimore City via the Pimlico Development Authority and to Prince George’s County for the community surrounding Rosecroft ($1 million yearly)

Note: Fiscal Year 2013 projections are shown to reflect full implementation of the slots proposal

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