![]() |
![]() |
![]() |
|
#11
|
|||
|
|||
|
The original article from the Des Moines paper was slightly more informative:
Does that mean if there was no horse racing that there would be $29 million more for charity? Not precisely. The costs include some expenses that would remain if Prairie Meadows were a casino only. For instance, $4.2 million of Prairie Meadows' $15.6 million lease was allocated to racing, as were a share of other departments' salaries and expenses that deal with both the casino and racing. The figure also includes $1.2 million for depreciation. "This is arbitrary, it's not scientific," Ann Long-Richards, Prairie Meadows' vice president of finance, told the board. http://desmoinesregister.com/apps/pb...0405/-1/LIFE04 |