If you have a cumulative fund of any kind, or if you want to establish one, June is a good time to do some checking.
The end of July is a firm deadline for establishing or reestablishing a cumulative fund. If you are SURE there have been no past reductions in your cumulative fund rates, or if you are sure you do not want to establish a new rate or LoL increase an old one, you probably don’t need to take any action.
However, if a cumulative fund rate was lowered in the past, if it was never at the maximum rate, or if you want to establish a new one, you must give a ten day notice and hold a public hearing in order to make the change. All of the paperwork should be filed with the gaming Department of Local Government Finance by the end of July.
Here is a list of cumulative funds that are options for municipalities, counties, and/or townships:
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Please contact us today for assistance in getting the online gaming maximum out of your cumulative fund.