On this week’s Capitol View, the Author of the Casino Amendment and the State Director of Americans for Prosperity join KARK’s Jessi Turnure to break down the governor’s highway funding plan and what proposed constitutional amendments lawmakers could refer to voters.
The funding plan relies on a voter-approved extension of a half-cent sales tax, increasing taxes on gas and diesel as well as millions of dollars from casinos that will be built or expanded soon.
Governor Asa Hutchinson acknowledged that we don’t know exactly how much money the casinos will generate from the start.
Author of the 2018 Casino Amendment said it is too early to start relying on them for anything.
“I think these new projections are maybe a tad optimistic. Really the casino revenue relies on all four casinos were up and operating,” 2018 Author of the Casino Amendment, Alex Gray said. “With only three, I don’t think that it will be possible to essentially cash flow this projection.”
You can catch Capitol View on Sunday mornings on Fox 24’s sister station, KNWA.