Trustee Proposes Plan To Get Franklin Township $38 Million In Casino Revenue
A Franklin Township trustee proposed a plan for the township to get a piece of the casino action.
The township last week approved a plan to contribute hundreds of thousands of dollars to help beautify the area around the new Hollywood Casino Columbus, located near West Broad Street and Georgesville Road.
Though Franklin Township Trustees approved the plan to contribute money to the beautification project, they said that they contribution would cripple the township’s general fund.
Currently, the township is not slated to receive any taxes from the new casino.
“Franklin Township only has $834,000 in the general fund,” Trustee Don Cook told Watchdog 10 last week. “And at this time, $400,000 is one half of what we have in our general fund.”
Cook said that the township currently cannot afford to hire new police officers, repair its crumbling salt barn and afford new street lights to protect its own citizens.
“Franklin Township does not have the money, and the taxpayers of Franklin Township should not be footing the bill for a state highway boarded mostly by the City of Columbus,” Cook said.
Under a new plan proposed by the township trustee, Columbus would hand over more than $38 million in casino revenue over the course of the next 50 years.
The entire proposal would have to be adopted by Columbus City Council and Franklin Township trustees for it to go into effect.
A spokesman for Columbus Mayor Michael Coleman told Watchdog 10 that the city has not agreed to anything but that when the land was annexed into Columbus in 2009, there was hope the city would share the casino wealth with Franklin Township.
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