Turning Stone Resort and Casino is just one enterprise operated by the Oneida Indian Nation. Oneidas Pump $559 M into EconomyAgainst a grim state- and nationwide economic backdrop in 2008, the Oneida Indian Nation spent more than $559 million for payroll and vendor expenses. The Nation’s 4,777 employees earned $126.2 million in wages during fiscal 2008, which ended Sept. 30. That figure includes more than $4 million in annual bonuses for both full- and part-time employees. The Nation also paid nearly $22 million in medical and dental claims for employees during the year. In fiscal 2008, spending with outside vendors, including for capital improvements and construction, totaled more than $433 million. Of that total, nearly $250 million was spent with businesses in New York State. The Nation spent more than $118 million with Oneida County vendors; $22.5 million with Onondaga County vendors; and $9.2 million with Madison County vendors. Since Turning Stone Resort and Casino opened in 1993, the Nation has infused more than $4.7 billion into the economy through its direct spending on wages, outside vendors, and capital improvements and construction. Revenues from Turning Stone and the Nation’s other business enterprises support programs for Oneida Members, including educational and housing programs, health services, and programs and services for Oneida children and elders. Information, photos, video or graphics from www.OneidaIndianNation.com may not be republished, uploaded, posted or distributed in any way without the prior approval of Oneida Indian Nation Communications. Permission is for one time use only. Any use of this material must be credited to: Oneida Indian Nation.
|
Pressroom
Weather
Temp
47 °F
Current Condition
:
Light Rain
Humidity
:
59 %
Dew Point
:
33 °F
Wind
:
14 mph
|
