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Danville City Council unanimously approved a $2 million Fiscal Year 2026 budget increase funded by casino gaming tax revenues for an economic development project. The council also approved documents supporting a loan for economic development projects by an 8-0 vote, with one abstention.
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The $2 million approval directs additional casino gaming tax revenue to an economic development project, although the minutes do not identify the project. Council advanced an $80,000 feasibility study for the City Auditorium as a performing arts center, funded equally by a National Endowment for the Arts grant and local money; final adoption was deferred. Staff reported $95 million in General Fund revenue through January 31, equal to 52% of the annual budget, while sales tax receipts were $7.6 million, or 54% of budget.
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