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The State receives as a tax on all horse racing performances an amount equal to 3.3% of the "handle" in excess of $3011,000 for each performance per day with certain exceptions. "Handle" is defined as the aggregate of contributions to all pari-mutuel pools on races conducted by the permit holder. The State also receives (i) as a tax on dog racing, an amount equal to 7.6% of the handle in excess of $25,000 for each performance per day with certain exceptions, and (ii) as a tax on all jai alai fronton performances, an amount equal to 7.1% of the handle in excess of $25,000 for each performance per day with certain exceptions. In addition to the foregoing taxes, the State receives, as a tax, an amount equal to the "breaks" from each permit holder conducting dog racing and jai alai performances. "Breaks" represent that portion of each pari-mutuel pool which is not redistributed to the wagering public or withheld by the track. All amounts received by the State as admission tax, tax on the handle, and tax on the breaks are deposited with the State Treasurer; one-half (1/2) of that amount is credited to the Pari-Mutuel Wagering Trust Fund, and the remaining half is credited to the General Revenue Fund. All amounts received from occupational licenses from those persons connected with a racetrack, administrative fines and penalties, and other miscellaneous receipts associated with pari-mutuel activity are also credited to the Pari-Mutuel Wagering Trust Fund. All moneys deposited to the credit of the Pari-Mutuel Wagering Trust Fund shall be distributed in the following manner: (1) In each fiscal year, the sum of $29,915,500 is divided into as many equal parts as there are counties in the State of Florida (67) and one part is distributed to each County; any excess of such moneys is transferred to the General Revenue Fund. (2) If the sum available for distribution in the Pari-Mutuel Wagering Trust Fund is less than $29,915,5110, the deficiency shall be paid into the Pari-Mutuel Wagering Trust Fund from the General Revenue Fund up to the amount of the deficiency if the deficiency does not exceed the deposits of pari- mutuel tax collections to the General Revenue Fund for that particular fiscal year. (3) Distributions to the counties commence each fiscal year on or before January 5th and continue monthly for a total of four months. If on April 5th the sums distributed to the counties do not equal the maximum sum to be distributed, then the Division shall immediately transfer to the Pari- Mutuel Wagering Trust Fund from the General Revenue Fund in the manner stated above, the sums required to pay each county the sum to which it is entitled. (4) After payments to the counties have been completed as described above, all unappropriated funds in the Pari-Mutuel Wagering Trust Fund shall be deposited to the credit of the General Revenue Fund. Rights of Cancellation by Voters A permit to operate a horse track, dog track or jai alai fronton in any county is subject to cancellation by the voters of that county. Section 550.18, Florida Statutes, provides that: Upon petition of twenty percent of the qualified electors of any county wherein any racing has been licensed and conducted ... the county commissioners of such county shall provide for the submission to the electors of such county at the then next succeeding general election the question of whether any permit or permits theretofore granted shall be continued or revoked, and if a majority of the electors voting on such question in such election shall vote to cancel or recall the permit theretofore given, then the division of pari-mutuel wagering shall not thereafter grant any license on the permit so recalled. 12