Tax Benefits for Monroe County
Both Tobyhanna Township and Monroe County Will Enjoy Substantial and Sustained Benefits with the Completion of the Pocono Manor Resort & Casino Project. In addition to the creation of extensive employment and its ancillary benefits to the area, a donation from the project’s principals of 32 acres for recreational ball fields and an additional 15 acres for a bus and rail station—as well as funding to establish a vocational/training school geared towards the hotel/casino industry—will greatly enhance the quality of life for area residents.
Monroe County
Total annual revenues will be up to $11,379,164, less service costs estimated at $1,157,517, resulting in approximately $10,221,647 in surplus revenues. Total direct employment estimated at 3,368 will result in the Pocono Manor Resort & Casino as becoming the second largest employer in Monroe County.
A breakdown of the Summary of Estimated Revenues is as follows:
• Annual Estimated Total Revenue to Monroe County……………$3,307,191
Annual Estimated Gaming Revenue in Grants from State……$8,071,973
Estimated Total Revenue………$11,379,164
The Pocono Manor Resort & Casino will avail the Pocono School District and the Commonwealth of Pennsylvania with economic enhancements emulating from the significant gaming revenues produced by this world-class resort complex, as well as the inclusion of 32 acres for recreational fields off Sullivan Road.
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