Polk County Presents Check to City of Des Moines
Wednesday, February 6, 2019
Board of Supervisors and Prairie Meadows present funding to City of Des Moines and Central Iowa schools
February 6 – Des Moines, IA. The Polk County Board of Supervisors and Prairie Meadows representatives presented a check to the City of Des Moines for $6,699,823.11 as part of a long-standing profit sharing agreement between the three entities. Polk County and Prairie Meadows officials will also be visiting Central Iowa schools to present them with their 2019 contribution checks. The schools of Central Iowa typically receive about $1.1 million from Polk County and Prairie Meadows combined each year.
Polk County Board of Supervisors Chair Tom Hockensmith said, “We are in a unique position with a non-profit casino like Prairie Meadows in our county that is dedicated to giving back to our community. We recognize that the City of Des Moines and our schools are important partners in the growth of our community and we are happy to support their work through this profit sharing agreement.”
Prairie Meadows opened in 1989 and the land that it sits on is owned by Polk County. The facilities are leased from Polk County by a 15 member non-profit Board of Directors. The Polk County Board of Supervisors and Prairie Meadows have developed a partnership to ensure that revenues from Prairie Meadows benefit many areas of our community. An average of $14.91 per student is donated to schools that have Polk County students, totaling nearly $12 million going back to Central Iowa schools since the program began in 2007, in addition to the over $6 million that is annually given to the City of Des Moines.
Gary Palmer, President and CEO of Prairie Meadows said, “As a non-profit company, it is Prairie Meadows’ mission to give back to this community. Education is one of our core areas of funding, and I can’t think of a better investment. The work that the City of Des Moines does is crucial in the growth of our community so we are proud to support that work.”