Jun 20, 2018BoardMeeting
BoardIllinois Thoroughbred Breeders Fund Advisory Board Advisory Board Meeting
The board discussed the fiscal year 2018 budget, specifically amending grant agreements to obligate remaining funds for specific tracks. Discussions regarding the fiscal year 2019 budget focused on proposals for splitting the grant line among county fairs and various horse racing tracks, emphasizing the need for joint agreements on fund allocation. The meeting also included an update on the status of the Advanced Deposit Wagering bill, a review of the process for requesting recapture reimbursement, and a report on the declining registration numbers for foals, mares, and stallions.