New York government’s settlement of disputes with the Oneida Indian Nation and the St. Regis Mohawk Tribe is a credit positive for counties and municipalities in upstate New York, Moody’s Investors Service said.

The settlements reached earlier this month, which address disputes over gambling exclusivity, gambling revenues, land, sales taxes and property taxes, would result in an additional $15 million in revenues for Oneida County, or about 5% of the county’s budget, according to Moody’s assistant vice president Robert Weber. Madison County would get slot machine revenue of about 4% of its budget and a $11 million one-time payment for taxes that is equivalent to 52% of its current general fund reserves level, he said.

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