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We Need Your Help! Don't let them cut our funding. 
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Beyond the Paddock
Real People...Real Jobs...Real Impact!
Read What Your Candidates Think About Critical HBPA Issues

October 28, 2014:  Recently we  gave Senate and House of Delegate candidates the opportunity to expound on their positions on four questions that impact our community.  Click on the name of the candidate below to see how they answered these important questions. Please get out and vote on November 4th...Our future depends on it!
 
Chip Bennett knows the Real Impact changes to the purse structure will have on our community.  Chip insures over 200 farms in our community... Real People will lose Real Jobs which will have a Real Impact on all of our local businesses.  
      
Chip Bennett is in the commercial and personal insurance business and he understands the impact the Chip Bennettracing industry has on Jefferson County.   He moved here in 1973, became involved with the farm insurance business in 1990 and estimates he insures 200 farms in Jefferson County.  “These horse, dairy and agriculture farms are the backbone of our economy and they depend on racing to prosper,” says Chip.

With over 40 years in the community and over 24 years in agricultural, commercial and personal insurance he understands how the horse racing industry impacts our economy.   “Eliminate any part of horse racing purses and you will have a negative impact on the farmers that raise quality grain, hay and straw,” says Chip.  Other industries insured by the Bennett Agency that would be negatively impacted are veterinarian businesses, supply stores and many other businesses that market to horsemen.

Chip believes, “the losses won't stop with hay, grain and straw and that's not good for anyone in Jefferson County.   Continue to cut racing funds and you will see a loss in population, real estate and taxes.  If racing was to be totally eliminated in Jefferson County, it would be quite a shock.  It would be about 20% of our business.”   

Mr. Bennett doesn't believe cutting back on racing funds is good for our community.  Jefferson County, the largest agricultural county in West Virginia, has beautiful farms, particularly the horse farms.  Instead of cut backs, he would like to see more promotion done for thoroughbred racing.  He would like to see more people visit our community to participate in racing.   Thoroughbred horse racing is an elevated form of entertainment that Mr. Bennett says, “we are glad to have in our community.”  
We Need Your Help!

The reduction of purse money will have a negative impact on our community & we need to do something about it! 

 
Here are a some things you can do to help:

1) Share this newsletter with your friends by clicking on the social media icons below.

2) Follow us in social media. 

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Save the Dates
 
1) November 4th - Your Vote In The General Election Could Make a Big Difference! The fact is as few as 100 votes could change the outcome of representation in the House of Delegates and the Senate!

2) November 8th and December 13th -  General membership meetings. Noon on both November 8, December 13 at the Holiday Inn Express in Charles Town. We need your involvement!  
Do You Understand The Financial Impact Racing Has On Our Community? Most People Don't!

Read & Share the Economic Impact Study.  It Impacts Your Life!



Last month the most viewed page on our website was The Economic Impact Study from the January 2014 West Virginia University studyDid  you read it?  This document explains the financial impact racing has on our community. If you haven't read it you need to? Read it here and share with your friends.
 
Some key findings:

1) The thoroughbred and greyhound racing industries in West Virginia contribute more than $321 million in total business volume to the state’s economy. To provide some context, this level of output constitutes about 12 percent of the leisure and hospitality sector statewide.

2) The industries support more than 7,300 jobs in West Virginia. This figure is equivalent to about 10 percent of employment in the state’s leisure and hospitality sector.

3) The industries generate more than $100 million in total employee compensation.

4) The industries generate $4.6 million in total state tax revenue.

5) Thoroughbred racing accounts for around three-fourths of the total economic impact of the two industries.

6) Jefferson County, home to Charles Town Races, accounts for nearly half of the total business volume impact of the industries, while Hancock County, home to Mountaineer Park, accounts for nearly 30 percent. The two greyhound racing counties together account for approximately 10 percent of the total business volume impact.

7) Approximately 11 percent of the total business volume impact of the industries that is experienced within the state is outside of the four racing counties.
 
Copyright © 2014 Charles Town HBPA, Inc, All rights reserved.


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