How they spent the money
Lawmakers did not provide specific instructions to the Horse Racing Commission on how to spend the $1.1 million.
State law says the commission can use its money only for operating expenses, with one exception: It can give up to $300,000 per year for the purposes of “developing the equine industry, maintaining and upgrading racing facilities, and assisting equine health research.”
Commissioner Doug Moore told Crosscut he understood lawmakers’ intentions pretty clearly, but the law prevented them from cutting Emerald Downs a check – so the commission decided to channel the state funds back to the industry by temporarily waiving fees charged to Emerald Downs’ profits
→ Continue reading at Crosscut
