WGAL-TV Budget Impact on Pennsylvania Racing Industry
The Pennsylvania Equine Coalition expressed concern that the Corbett Administration's proposed budget would divert a total of $31159000 from the Race Horse Development Fund to the state's General Fund and other budget line items. This comes at a time when the industry is experiencing significant declines in revenues going into the Race Horse Development Fund (RHDF), which will likely result in a $5 to $15 million decrease in funding available to supplement purses and provide race horse breeding incentives compared to the 2011-2012 fiscal year.
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