A bill that could generate an estimated $700,000 yearly in additional race track revenue for Arcadia cleared the State Assembly on Thursday and now heads for the Senate. The bill, AB 2780, seeks to authorize Arcadia and other cities to collect up to 1/3 of 1% of the total amount bet at a race track within their boundaries if the city were willing to forego any tax on admissions or parking. Arcadia has never charged a parking tax at Santa Anita Park. Arcadia city officials are neutral at this point, according to City Manager George Watts.
City Council delayed action on racetrack tax. Tucker Bill provides that a city with race track be given .33 of 1% of the parimutual wagers instead of charging admission tax.
An ordinance will be introduced for first reading by Arcadia City Council whereby the city would receive .33 of 1% of parimutuel wagers at Santa Anita Park race track. If ordinance is approved, city would eliminate admission tax.
On a 4-1 vote, Arcadia City Council gave first reading to an ordinance whereby the City elects to receive a 1/3 of 1% of parimutual wagers at Santa Anita Park Race Track. Adoption means the city will not charge an admission tax.
Santa Anita Park completed its most successful season ever with $445 million wagered. Total attendance was also an all-time high. The admission tax netted the city $1.1 million. The Park's other contributions to the city are discussed.
In a pre-dawn raid at Santa Anita Park race track, immigration and border patrol agents arrested 173 illegal aliens from 8 countries. As many as 600 other illegals believed to be working at Santa Anita Park escaped arrest by moving to Hollywood Park.
The City Council is considering collecting taxes on free admissions to the Santa Anita Park race track. It would mean considerably greater income for the City.
A $3 million building project to increase stable capacity by 150 stalls is underway at Santa Anita Park. Completion, which is planned before the start of the Oak Tree meeting, will bring the total number of stalls to 2,100. The project is discussed in detail.
Plaza de las Fiestas, a new multipurpose arena in the northwest quadrant of the infield at the Santa Anita Park, has been created to accommodate Family Faire weekend outings for groups of 25 or more, as well as company picnics, concerts, trade shows, equine shows and other special occasions that can share the day with racing.