A new tool will now help Niagara Falls taxpayers keep tabs on how millions in delayed casino funds are being spent in their city.
The Seneca Nation finally released the held-up cash late last month, and the Falls is getting a whopping $89 million. Senator George Maziarz wants everyone to be able to see how that money is being spent.
So far, Niagara Falls Memorial Medical Center and the Niagara Falls School District each received $3.5 million. The Niagara Tourism and Convention Center was given over $6 million. The NFTA received $4.5 million. And finally, the Niagara Falls Underground Railroad Commission was given $1.7 million. Some funds were also made available for road improvements in the Falls.
Senator Maziarz says having complete transparency about how the $89 million of casino revenue is spent is important.
"I am also going to send this postcard to every homeowner and every business in the City of Niagara Falls so that they will, in real-time, be able to see how the casino money is being spent," he said.
Of the money given to Niagara Falls this summer, around $53 million has already been handed out.
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