Detroit’s revenues are projected to return to pre-pandemic levels, in part, because of an increase in online gaming taxes, Mayor Mike Duggan told City Council members on Monday.
Detroit’s budget took a major hit two years ago due to pandemic-related losses, including a decrease in income tax revenue from people no longer working in the city.
But Duggan said online gaming helped offset some of the city’s losses while presenting his proposed $1.2-billion “return to normal” budget for the 2023 fiscal year, which begins July 1. Online gaming brought in $26.6 million last year and is projected to bring $71.1 million for the 2022 fiscal year, which ends June 30, according to the office of the chief financial officer.
