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Item No. 12 <br />TO: Mayor & City Council <br />FROM: Gene Anderson, Interim City Manager and Finance Director <br />SUBJECT: BINGO PRIZE FEES <br />DATE: October 2, 2019 <br />BACKGROUND: If the City desires to continue receiving its share of bingo prize fees, House <br />Bill 914 requires the City to pass a resolution affirming that desire, notify the Texas Lottery <br />Commission of the City's resolution, and notify local organizations of the continued imposition <br />of the fee due the City. These fees historically have amounted to around $27,000 per year, but <br />last year, were $21,364. <br />STATUS OF ISSUE: A resolution has been provided that, if passed, would allow the City to <br />continue to collect this fee. <br />BUDGET: Loss of this fee would reduce General Fund revenues by $21,000 to $27,000 per year. <br />RECOMMENDATION: The staff recommends approving the resolution. <br />