Polk County voted last week to allow slot machines at the Prairie Meadows racetrack, giving the county another source of revenue to pay off general obligation bonds that financed the track.

Larry Millang, chief financial officer for the county, said the county will use the slot machine proceeds to pay the annual $3.3 million of debt service on the bonds, which will reduce property taxes for residents. Any surplus slot machine revenues will be used to pay the county's other GO debt, Millang said.

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