A proposal to designate millions of dollars from the potential Richmond Grand Resort and Casino to early childcare has been approved. City leaders announced the proposal earlier this month.
At Monday night’s meeting, Richmond City Council members approved a proposal that would use around $19 million in annual gaming tax revenue generated from the proposed Richmond Casino to support the City’s first-ever Childcare and Education Trust Fund.
Supporters claimed the trust fund will address what the City is calling a “childcare crisis,” which city leaders say is only expected to get worse by the end of the month. According to the City, only one in every eight infants has access to childcare.
