Local Revenue Sharing Board
Under the Tribal-State Gaming Compact between NHBP and the state of Michigan, NHBP distributes 2% of the annual slot machine revenue from FireKeepers Casino Hotel to the Local Revenue Sharing Board.
The LRSB serves to reimburse local units of government, including local municipal governments and school districts, for lost tax revenue because FKCH and the NHBP Pine Creek Indian Reservation are located on sovereign Tribal land, and are therefore tax-exempt.
Guidelines and bylaws establishing the criteria and formulas for distributing funds, as well as the actual disbursement of funds, from the LRSB require a unanimous vote of all LRSB members.
To date, NHBP has contributed over $143.7 million to the state of Michigan and $48.9 million to the LRSB, creating a combined contribution exceeding $192.7 million million since FKCH opened in 2009.
A Second Amendment to the Tribal-State Gaming Compact, initiated by NHBP, allowed for the creation of the Native American Heritage Fund. This allows for a portion of each year’s state revenue sharing payment to be put into a fund for grant initiatives to promote positive relationships between schools, colleges, universities, local governments and Michigan’s federally recognized Native American Tribes. For more information about the NAHF, please visit the NAHF page.
The LRSB consists of six members, each appointed by their respective elected body, who represent the following entities: