Performance Measure
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Agency Virginia Racing Commission (405)
Measure Name Dollar amount of awards given to Virginia horse breeders and owners
Measure Last Modified
01-13-2015 09:25 a.m.
Measure Last Published
07-28-2023 06:15 p.m.
Status
Active
Data Source and Calculation
<p>Data is collected from the Colonial Downs horsemen’s bookkeeper and the Virginia Thoroughbred and Harness Associations on the dollar amount of awards issued to owners and breeders of Virginia-bred horses based on their horses performance during the year.</p>
Enterprise Priorities and Strategies
Initiative Priority Strategy
Associated Service Areas
Service Area Code Service Area Name
53411 Financial Assistance to the Horse Breeding Industry
Targets and Baselines
Name Date Result Note
Baseline 12-31-2004 1271148.0
Short Target 2025 None
Long Target 2027 None None
Baseline None None
Results
Year Result Note
2004 1,271,148 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2005 1,271,148 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2006 1,297,422 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2007 1,311,012 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2008 1,405,283 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2009 1,717,610 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2010 1,013,147 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2011 1,003,958 The data for this measure is provided annually on a calendar year basis. The baseline amount is greater than the target amount because in 2006 the total wagered in Virginia was significantly higher than it will be in 2011.
2012 1,485,594
2013 1,443,682
2014 1,024,640 Due to a decline in wagering on horse racing in Virginia there was less money available for awards than in prior years.
2015 878,249 Due to a decline in wagering on horse racing in Virginia caused by a dispute between Colonial Downs and the horsemen's groups there was less money available for awards than in prior years.
2016 709,800 Due to a decline in wagering on horse racing in Virginia caused by a dispute between Colonial Downs and the horsemen's groups there was less money available for awards than in prior years mainly because of the closing of the off-track betting parlors in Virginia.
2017 687,400 This measure will increase in the coming years as more off-track betting parlors (OTBs) are opened and additional live racing is conducted in the Commonwealth
2018 661,400 This measure should increase in the coming years as more off-track betting parlors (OTBs) are opened and additional live racing is conducted in the Commonwealth
2019 1,466,600 This measure has increased due to more off-track betting parlors being in operation which generates more funds that available for awards.
2020 241,304 This decrease was due to the timing of the payment of the year-end Breeders Awards that were not paid until January. This is also the reason for the big increase in 2019.
2021 995,000 This increase was due to the payment of Breeders Awards in December and an increase in the number of off-track betting parlors in operation.
2022 1,000,000 This amount has remained constant from the prior year.
2023 1,450,000 Increase due to timing differences of payments
2024
Measure ID 40553411.001.002
Measure Class Agency Key
Measure Type Outcome
Year Type Calendar
Preferred Trend Stable
Frequency Annually
Statistical Unit Dollars
sp134 Performance Measure - 10-31-2025 20:18:25