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CCP 01-12-1987
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CCP 01-12-1987
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5/8/2007 1:07:49 PM
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<br />.. r;1 <br /> > <br /> .. " <br />. <br /> Bingo Operational Costs relating to the law <br /> A. Little Canada bingo has a minimum operating cost of $1,000.00 to <br /> $1,200.00 per double session. <br /> B. If the gross profit per day is $2,400.00 the organization could <br /> come c!ose to the state statute requirements. <br /> C. If the gross profit per day is $2,400.00, then approximate!y $1,200.00 <br /> per license would be a valla b!e per week for lawful purpose charity. <br /> One !icense would therefore have ,about $62,400.00 per year <br /> avai!able for charity. 20% of this figure is $12,480.00. <br /> Seven licenses would be $87,360.00. <br /> D. In summation of the above, the hall is continual!y packed. The <br /> above figures should be easi!y adhered to. If so, is the City <br /> of Little Canada getting its just revenue? If not, where is <br /> the money going? <br /> Q,uestionsl <br />. 1. Does the hal! play cumulative games? <br /> 2. Prizes llluSt be included in the total payout. Is this being done? <br /> 3. How were two $699.00 snow b!owers accounted for? <br />~/ 4. How were three Si!ver Fox Furs accounted for? <br /> Each organization is required to fill out monthly a Charitable Gambling <br /> Forml <br /> CG 00011-02 <br /> CG 00013-01 (If sel!ing Pull tabs) <br /> CG 00014-01 <br /> i <br /> Copies of these:cforms for the past several months would be very informable <br /> information. <br /> Payro!! records are a must for information. <br /> Who is paying for the advertising? <br /> What is the rent per session? Copies of the leases would be va!uable. <br />. <br />
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