The Seneca Nation of Indians has announced that they will be returning tax money to three major cities in Western New York: Niagara Falls, Salamanca, and Buffalo. This decision comes after years of legal battles and negotiations between the tribe and the state of New York.
The tax money in question is generated from the Seneca Nation’s three casinos in the region. The tribe had been withholding payments to the state as part of a dispute over revenue-sharing agreements. However, a recent ruling by an arbitrator found that the tribe owed the state hundreds of millions of dollars in back payments.
In a press release, the Seneca Nation stated that they have agreed to honor the arbitrator’s decision and will be returning the tax money to the three cities. This is welcome news for local officials who have been struggling to make up for the lost revenue.
Niagara Falls Mayor Robert Restaino expressed his gratitude to the Seneca Nation, stating that the tax money will help to fund much-needed infrastructure projects in the city. Salamanca Mayor Michael Smith echoed these sentiments, saying that the funds will be vital for improving city services and amenities.
Buffalo Mayor Byron Brown also welcomed the news, noting that the tax money will benefit the entire region. He emphasized the importance of a strong partnership between the Seneca Nation and the state of New York in order to support economic development and growth in the area.
The Seneca Nation’s decision to return the tax money is a significant step towards resolving the long-standing dispute over casino revenue-sharing. It is hoped that this will pave the way for a more positive and cooperative relationship between the tribe and the state moving forward.
Overall, this development represents a positive outcome for the communities of Niagara Falls, Salamanca, and Buffalo. The return of the tax money will provide a much-needed financial boost to these cities and help to support their continued growth and prosperity.