Pursuant to the Horseracing Integrity and Safety Act of 2020 (the “Act”) and the Federal
Trade Commission’s (the “Commission”) Procedures for Oversight of the Horseracing Integrity and Safety Authority’s Annual Budget, notice is hereby given to be completed at the time of the FTC submission
, 2025 ,the Horseracing Integrity and Safety Authority (“HISA” or the “Authority”) filed with the Commission the Authority’s proposed 2026 budget. This Notice of Filing of the HISA Budget (the “Notice”) provides the contents of the submission as set forth in 16 CFR Part 1 Subpart U.
I. Information Concerning Rule 1.150(b).
4
II. Information Concerning Rule 1.150(c)(1). The Authority’s proposed 2026 budget
was approved by its Board of Directors by a vote of 9 to 0 before the proposed budget was posted
on the HISA website.
What was the date of this vote? How and where was it taken? Who was the Mediated party overseeing the vote? Where is the public information documenting that you have voted?
5 Therefore, the requirements of 15 U.S.C. § 3052(f)(1)(C)(iii) and Rule
1.150(c)(1) have been satisfied.
III. Information Concerning Rule 1.150(c)(2). In accordance with 15 U.S.C. § 3052(f)
and using the Methodology for Determining Assessments Rule approved by the Commission, the
Authority calculated the following:
• 2026 Assessments by State (attached as Appendix 8).
6
• 2026 Assessments by Track (attached as Appendix 9).7
Appendix 8 and Appendix 98 display the estimated amount required from each State racing
commission as calculated under the Methodology for Determining Assessments.
The 2026 HISA Budget includes the following revenue line items:
• Racetrack Safety Fines Income – this consists of fines levied for violations of the Racetrack Safety Program.
• ADMC Fines Income – this consists of fines paid for violations of the Anti-Doping and Medication Control Program.
• Lab Test Income – this consists of the money paid to HISA to cover the cost of B Sample testing, claimed horse testing, and clearance testing.
1 Pub. L. 116–260, div. FF, title XII, §1201, Dec. 27, 2020, 134 Stat. 3252, codified at 15 USC Ch. 57A §§3051-3060.
2 16 CFR Part 1 Subpart U.
3 To be completed at the time of the FTC submission.
4 To be completed at the time of the FTC submission.
5 To be updated at the time of the FTC submission.
6 To be completed at the time of the FTC submission.
7 To be completed at the time of the FTC submission.
8 To be completed at the time of the FTC submission.
1• Interest Income – This consists of interest income from HISA’s Money Market Savings account.
• Other Revenue – this consists of payments made by certain racetracks to reimburse HISA for paying for the cost of Racetrack Safety Program compliance (there is an offsetting expense).
Please note that no loans are contemplated to be procured by HISA in 2026.
IV. Information Concerning Rule 1.150(c)(3). The Authority’s proposed 2026 budget
includes the following expense line9 items:
• Rule 1.150(c)(3)(i): Racetrack Safety Program. These expenditures consist primarily of salaries for staff to monitor and implement the Racetrack Safety Program, racetrack surface testing, and vendors and contract employees that support the Racetrack Safety Program.
• Rule 1.150(c)(3)(ii): Anti-Doping and Medication Control. Pursuant to 15 U.S.C.
§ 3054(e), the Authority contracted with the Horseracing Integrity and Welfare Unit
(“HIWU”), a division of Drug Free Sport (“DFS”) to serve as the independent anti-
doping and medication control enforcement organization for covered horses,
covered persons, and covered horseraces. HIWU implements the Anti-Doping and
Medication Control Program on behalf of the Authority. Expenditures related to
this Program include HIWU costs, lab testing, and professional services.
Additionally, 15 U.S.C. § 3055(e) provides that the Authority “shall convene an
advisory committee… to conduct a study on the use of furosemide on horses during
the 48-hour period before the start of a race, including the effect of furosemide on
equine health and the integrity of competition and any other matter the Authority
considers appropriate.” The costs of this study are included in the Anti-Doping and
Medication Control portion of the proposed 20265 budget.
• Rule 1.150(c)(3)(iii): Other programmatic expenses. These expenditures consist
primarily of salaries, professional services, and technology to support the
Authority’s veterinary and technological needs. Additional programmatic
expenditures relate to the business and operational components of the Authority
9 The Authority notes that it has adopted and implemented a Conflicts of Interest and Business Ethics Policy (the
“Policy”) which acknowledges that Authority “[r]epresentatives involved in procurement have a special responsibility
to adhere to principles of fair competition in the purchase of products and services by selecting vendors based
exclusively on standard commercial considerations, such as quality, cost, availability, service and reputation, and not
on the receipt of special favors.” The Policy requires, among other things, transactions to be supported by appropriate
documentation; no entry be made in our books and records that intentionally hides or disguises the nature of any
transaction or of any of our liabilities, or misclassifies any transactions as to accounts or accounting periods; HISA
Representatives comply with our system of internal controls; No cash or other assets be maintained for any purpose
in any unrecorded or “off-the-books” fund; No HISA Representative may take or authorize any action that would
cause our financial records or financial disclosures to fail to comply with generally accepted accounting principles or
other applicable laws, rules, and regulations; and all HISA Representatives must cooperate fully with our finance staff,
as well as our independent public accountants and legal counsel, and respond to their questions with candor and
provide them with complete and accurate information to help ensure that our records are accurate and complete. Any
HISA Representative who becomes aware of any departure from these standards has a responsibility to report his or
her knowledge promptly to the CEO or Chair of the Board. A copy of the Policy is available to the public on the
Authority’s website.
2and include expenses such as salaries, legal (lawsuits and general), and professional
services.
• Rule 1.150(c)(3)(iv): Repayment of any loans. This expenditure consists of $0 in
repayment of loans.
• Rule 1.150(c)(3)(v). No funding shortfall is expected.
V. Information Concerning Rule 1.150(c)(4). The Act recognizes that the
establishment of a national set of uniform standards for racetrack safety and anti-doping and
medication control will enhance the safety and integrity of horseracing. The 2026 budget allows
the Authority to continue implementation of the horseracing Anti-Doping and Medication Control
Program and the Racetrack Safety Program for Covered Horses, Covered Persons and Covered
Horseraces.
The proposed 2026 HISA Summary budget (Appendix 1) is a compilation of the following
departmental budgets: Racetrack Safety (Appendix 2); Veterinary Services (Appendix 3) Anti-
Doping and Medication Control (Appendix 4); HIWU (Appendix 5) Technology (Appendix 6);
and Administration (Appendix 7). A summary of these departmental budgets is set forth below:
1. The 2026 Racetrack Safety budget funds the implementation of the Racetrack Safety Program
as set forth in Rule Series 2000 and as originally approved by order of the Commission dated
March 3, 2022.
10 The budget consists of the following items:
a. Salaries/Payroll Taxes/Employee Benefits. The salaries provide for staffing to support
and monitor the Racetrack Safety program, including those persons necessary to
oversee the following components of the program:
i. Administration
ii. Track Accreditation Services
iii. Stewards’ & State Racing Commission Liaison
iv. Jockey Health & Welfare
Salary levels for each position are based on market rates, while Employee Benefits
consist primarily of a HISA contribution to cover a portion of employee health
insurance and a 401(k) match that is consistent with market practice. The salaries
budget provides for six racetrack safety employees. As of July 31, 2025, the Racetrack
Safety Program has six employees. For all employees of the Authority, the Director
of Operations, Research, and Strategy, an individual who does not have a conflict of
interest with regard to the hiring of other open positions, reviews and documents
compensation based on industry norms for similar positions prior to setting and to
offering other open positions. Where needed, the Director of Operations, Research,
10 A modification of the Racetrack Safety Rule was approved by the Commission by Order dated June 7, 2024.
3and Strategy relies upon an outside search agency to help determine compensation for
other open positions.
b. Meetings. This includes the travel, meals, and materials to support the following annual
meetings:
i. Track Superintendents
ii. Racetrack Safety Committee
These meetings are necessary to promote the health and safety of both Covered Horses
and Riders.
c. Travel. This category covers the travel and meal expenses for all of the employees
previously listed in Salaries (section a) of this department (excluding the travel and
meal expenses for the Meetings described in section b. and the Track Accreditation
Services travel set forth in section h.). Travel to Covered Racetracks by Authority
employees is often necessary to ensure that Covered Horseraces are run in accordance
with the standards established in HISA’s Racetrack Safety Program.
d. Staff Development. This consists of the cost to get an employee accredited by the
Racing Officials Accreditation Program (ROAP).
e. Supplies. This primarily consists of materials to be used in educational and Continuing
Education programs provided and overseen by the Racetrack Safety Department.
These programs ensure that trainers, jockeys, veterinarians, and stewards are educated
in methods and procedures that promote the health and safety of Covered Horses and
Riders.
f. Postage. This covers the periodic mailing of things like posters and handbooks.
g. Professional Services. Several independent contractors and external service provider
companies will partner with HISA on a part-time basis to provide and/or augment
services in the following areas:
i. Data Analysis
ii. Research/Testing
iii. Jockey Concussion Tracking
iv. National Medical Director
Pay rates are based on market rates for similar positions. All of these independent
contractor relationships will increase the knowledge base and/or education level of
participants in Covered Horseraces.
4h. i. Track Accreditation Services. Pursuant to 15 U.S.C. § 3056 and the Racetrack Safety
rules, the Authority is responsible for implementing an evaluation and accreditation
program that ensures that Covered Racetracks meet certain safety and performance
standards. Both the Act and the Racetrack Safety rules require that tracks be accredited,
and the rules mandate site visits to determine the extent of compliance with the rules.
The accreditation visits afford HISA staff the ability to conduct an in-depth and in-
person review of a racetrack’s operations to determine its level of compliance with the
Racetrack Safety Program and to provide training on how best to meet ongoing
reporting requirements. This category includes the costs of compensating teams of
employees and independent contractors to perform these site visits, and the costs of
covering the travel and meal expenses for this team.11 The accreditation site visits are
conducted by teams of three to four individuals. The costs included in this category are
based on the actual cost of accreditation site visits in 2023, 2024, and 2025.
Racetrack Surface Testing. This category includes the cost of pre-meet track surface
testing of tracks that run Covered Horseraces. Testing is performed to ensure that track
surfaces comply with the Racetrack Safety Program. This testing is performed by the
Racing Surfaces Testing Laboratory.
2. The 2026 Veterinary Services budget ensures that the veterinary care component of the
Racetrack Safety Program is effectively implemented and administered nationally.
a. Salaries/Payroll Taxes/Employee Benefits. This category contemplates three HISA
full-time employees that cover the administration of veterinary rules, compliance with
those rules, and veterinary medical records. Salary levels for each position are based
on market rates, while Employee Benefits consist primarily of a HISA contribution to
cover a portion of employee health insurance and a 401(k) match that is consistent with
market practice. As of July 31, 2025, the Veterinary Services department has three
employees.
b. c. Meetings. This includes meeting costs necessary to promote the health and safety of
both Covered Horses and Riders.
Travel. This includes the costs of travel by veterinary employees to racetracks to meet
with regulatory veterinarians, attending veterinarians, and other practicing equine
veterinarians and their staff. This also includes travel to training seminars and
veterinary conferences. Participation by veterinary employees in these meetings and
11 In 2023, the HISA Accreditation Team completed accreditation visits at 21 racetracks. In 2024, they completed 22
accreditation site visits.
5d. e. seminars will result in a more effective and efficient program that better meets the needs
of HISA’s constituents.
Supplies. This primarily consists of materials to be used in educational and Continuing
Education programs provided and overseen by the Veterinary Services department.
These programs ensure that trainers, jockeys, veterinarians, and stewards are educated
in methods and procedures that promote the health and safety of Covered Horses and
Riders.
Professional Services. Several independent contractors will partner with HISA on a
part-time basis to provide and/or augment services in areas including veterinary
consulting, data entry, and animal welfare.
Pay rates are based on market rates for similar positions. All of these independent
contractor relationships will increase the knowledge base and/or education level of
veterinarians and other participants in Covered Horseraces.
3. The 2026 Anti-Doping and Medication Control budget supports the implementation of the
ADMC Protocol. The budget consists of the following items:
a. b. Professional Services. Independent contractors have partnered with HISA on a part-
time basis to provide and/or augment services in the following areas:
i. ii. iii. Arbitration – this covers the fees to be paid to arbitrators who preside over cases
involving positive tests for banned substances.
Independent Adjudication Panel (IAP) – this covers the fees paid to members
of the IAP, who hear cases involving positive tests for controlled medications.
Furosemide Study – this covers the fees to be paid in 2026 for the Furosemide
study that is required by the Act.
HIWU. As set forth above, the Act requires that HISA contract with an independent
enforcement agency to oversee the components of the ADMC Program. HIWU, a
division of DFS, was retained by the Authority as the independent enforcement agency.
The HIWU line items in the ADMC budget consist of the following:
i. Salaries/Payroll Taxes/Employee Benefits. All HIWU employees are employed
by DFS. The salaries account for a staff (expected to total 46 full-time
employees) that will carry out all of the responsibilities of the enforcement
agency, including those persons necessary to oversee and complete the
following components of the program:
61. Testing Operations
2. Testing Strategy
3. Compliance & Policy
4. Collection Personnel Recruitment, Training, & Certification
5. Support Line Management
6. Science
7. Laboratory Accreditation
8. Equine Medical Resources
9. Intelligence and Strategy
10. Investigative Operations
11. Education
12. Communications & Outreach
13. Legal
14. Litigation
15. Results Management
16. Information Technology
17. Human Resources
18. Finance
HIWU shares 7 staff with DFS in the areas of Information Technology, Finance
and Human Resources. This arrangement produces cost savings, obviating the need
for HIWU to retain full-time employees to provide these services.
ii. Rent. HIWU has procured 3,000 sq. ft. of office space for its employees. HIWU
is paying $32/sq.ft., which is consistent with market rates in the Kansas City
area. The cost of basic office equipment is also included in this category.
iii. Office Expense. This consists of common office expenses such as utilities and
maintenance costs and is based on historical costs for similar businesses.
iv. Telecommunications. This consists of the cost of office phones, mobile phone
service at $65/month/employee (a commercially reasonable rate), and portable
hot-spot wi-fi services to be used in test barns.
v. Travel. This is the travel expense necessary for full-time employees to perform
functions such as meetings with State Racing Commissions and track
associations, training and continuing education sessions with sample collection
personnel, conducting investigations, arbitration hearings, laboratory visits,
meetings with HISA personnel, and participation in industry meetings and
conventions. Travel expenses include airfare, hotel rooms, rental cars, fuel
costs, mileage for personal vehicles used for business purposes, parking, and
meals. The amounts for each expense component were based on estimated
market average costs.
7c. vi. Supplies. This consists of drug testing supplies needed for sample collections
and sample collection personnel training.
vii. Professional Services. This consists largely of consulting fees paid to experts
in the areas of:
1. Results Management
2. Investigations and State Racing Commission Relations
3. Laboratory Accreditation
The guidance provided by these subject matter experts will result in a safer
sport run on a more level playing field.
viii. Technology. This consists of the cost of all software, hardware, licenses and
continued technological development needed to perform HIWU’s work.
ix. Insurance. The expense consists of the cost of all of HIWU’s insurance policies,
including liability insurance with an Umbrella policy, cyber-risk insurance,
property insurance, and workers’ compensation insurance.
x. Resources and Education. This includes Training and Continuing Education,
registration fees for industry conferences, accounting fees for state tax filings,
and dues and subscriptions to industry publications. All of these are necessary
for HIWU to properly conduct its business.
xi. Taxes – Other. Estimated taxes based on historical experience. These taxes are
minimal in amount and are commercially reasonable.
xii. ADMC Collection Costs. This includes wages paid to sample collection
personnel in all states that conduct Covered Horseraces. The wage amounts
were initially based on rates paid to sample collection personnel in each state
prior to HIWU assuming these sample collection functions and have been
adjusted where necessary to reflect rates currently being paid. Additionally, to
cover travel expenses specifically related to sample collection, this includes
airfare, hotel rooms, rental cars, fuel costs, mileage for personal vehicles used
for business purposes, parking, and meals. The amounts for each expense
component were based on estimated market average costs.
xiii. Management Fees. This is the profit amount to HIWU for administering the
program. It is a negotiated amount of 8% of the total expenses incurred for
services they provide directly and 4% for everything else.
Lab Testing. Once the samples to be tested have been collected by HIWU personnel,
they are shipped to a HISA Equine Analytical Laboratory (“HEAL”) accredited
84. laboratory located in the United States. HEAL accredited laboratories have many years
of experience in the testing of blood, urine, and hair samples taken from thoroughbred
racehorses. HISA and HIWU have conducted negotiations with each of these
laboratories in order to ensure that competent testing is performed at the lowest price
possible. The HEAL accreditation process and extensive contract negotiations has led
to fewer laboratories being utilized for Sample analysis under the ADMC Program,
allowing the approved laboratories to spread their fixed costs (salaried employees,
testing equipment, etc.) over a larger number of samples, resulting in a lower charge
per test.
It is important to note that the ADMC Collection Costs and Lab Testing line items
represent 48.28% of the total budget of the Authority.
The 2026 Technology budget supports the building and development of all IT systems needed
to properly and efficiently manage the Racetrack Safety and ADMC programs. The budget
consists of the following items:
a. Salaries/Payroll Taxes/Employee Benefits. This contemplates ten HISA full-time
employees in areas including programming, field support, internal support, external
support, project administration, and third-party developer coordination. Salary levels
for each position are based on market rates, while Employee Benefits consist primarily
of a HISA contribution to cover a portion of employee health insurance and a 401(k)
match that is consistent with market practice. As of July 31, 2025 the Technology
department has eight employees.
b. Travel. This includes the costs of travel by IT employees to racetracks to meet with
customers/users, to various locations for HISA meetings, and to training seminars.
Participation by IT employees in these meetings and seminars will result in a more
efficient program that better meets the needs of the constituents and ensure alignment
between the functionality of the system and the published regulations.
c. Supplies. This includes the purchase of laptops for HISA employees, the provision of
workstations for those employees located in the Lexington office, and the
hardware/software/3rd
-party services needed for image processing. These items are
necessary for HISA to efficiently perform its duties under the Act.
d. Technology. This item includes the costs of cloud computing and other specialized
applications that together form the foundation of HISA’s technology system. This
includes the cost of Palantir, Amazon Web Services, and other vendors relating to the
HISA website and technology systems. In order to be as cost-effective as possible,
HISA has chosen not to invest in centralized computing assets. This keeps total cost
9of ownership low, infrastructure stability high and enables solution flexibility as HISA
is engaged in meeting its mandate.
e. Professional Services. This item budgets for outsourced technology delivery provided
by third-party system integrators and software factories. Given the need for cost-
effective, round-the-clock services, the necessary software and technology systems
were procured internationally from development resources in the US, Europe, and Asia;
this allowed for the implementation of a 24-hour code and test development cycle. This
is the most cost-effective method of building and maintaining technology
systems/portals to facilitate program reporting to and monitoring by HISA.
5. The 2026 Administration budget consists of the general and administrative staff and
expenditures that are needed to conduct HISA’s business. This budget consists of:
a. b. c. d. e. f. g. Salaries/Payroll Taxes/Employee Benefits. This contemplates 12 employees including
executive-level personnel (the CEO and CFO) and employees in Legal,
Communications, Operations/Compliance, Public Affairs, and Administrative
Services. Salary levels for each position are based on market rates, while Employee
Benefits consist primarily of a HISA contribution to cover a portion of employee health
insurance and a 401(k) match that is consistent with market practice. As of July 31,
2025, 11 employees make up the Administration Department.
Board and Committee Travel. This consists of travel, hotel, and meal expenses for the
one annual board meeting that is held with in-person attendance by the board members.
Rent. This consists of rent for HISA’s main office in Lexington, KY, as well as small
office space in Pennsylvania and Virginia.
Phones. This is the cost of an office phone system in HISA’s corporate office, necessary
for HISA to conduct its business.
Meetings. This is the cost of miscellaneous meetings of HISA’s corporate staff as are
necessary for HISA to conduct its business.
Travel. This includes airfare, car rental, mileage, and meals for HISA’s corporate staff
in the course of traveling to Covered Racetracks, industry meetings, HISA meetings
(strategic planning summits, board meetings, etc.), and meetings with industry
stakeholders. Travel to these events allows HISA’s corporate staff to conduct its
business more efficiently and to perform its duties under the Act.
Membership and Subscriptions. This is the cost of professional membership dues and
subscription fees. These memberships and subscriptions allow HISA staff to meet with
industry stakeholders and carry out its duties under the Act.
10h. Interest Expense. This is the accrual of interest expense on the outstanding loans and
the line of credit.
i. Bank and Credit Card Fees. This includes the cost of bank fees and credit card fees.
These fees are necessary to efficiently and effectively conduct business.
j. Supplies. This includes the cost of office supplies, including printer/copier paper,
printer/copier ink and toner, postage, shipping, and other miscellaneous office supplies.
k. Postage. This includes the cost of postage and shipping for communications to Covered
Persons. While HISA primarily conducts business via electronic communications, U.S.
Mail is required where the recipient does not utilize an electronic means of
communication.
l. Licenses and Fees. This is primarily the cost of a service contract for the copier/printer
in HISA’s Lexington, KY office.
m. Accounting Services. This consists of the cost of a contract bookkeeping service that
books accounting entries, produces financial statements, manages and processes
Accounts Receivable, manages and processes Accounts Payable, and drafts/files
HISA’s annual IRS Form 990. Contracting this work out to a company with expertise
in these areas is much more cost-effective than if HISA were to hire staff to perform
these functions in-house. Additionally, this includes the cost of an annual independent
audit of HISA.
n. Public Relations Services. This is the cost of a contract public relations service to
manage HISA’s website, issue press releases, assist with the production and
distribution of information to industry stakeholders, and provide continuing education
information for industry stakeholders. The public relations firm that HISA is working
with has many years of expertise in P/R for thoroughbred racing enterprises. The firm
can perform the aforementioned tasks more efficiently and effectively than if HISA
were to hire staff to perform these tasks in-house.
o. Legal – General and Lawsuits. This includes the cost of outside legal counsel for the
creation, management, and updating of Racetrack Safety and ADMC rules as well as
the cost of outside counsel that is working on the various lawsuits in which HISA is a
party. Additionally, this includes the cost of outside legal counsel that handles
enforcement actions brought under the Racetrack Safety Program. Doing all of these
tasks requires a decentralized group of lawyers with varied skill sets. At present, it is
much more efficient and effective to utilize outside counsel than for HISA to hire a
large in-house legal team to handle these issues.
11p. Insurance. This includes the following insurance policies for HISA:
i. Directors & Officers insurance.
ii. Cyber insurance.
iii. General Liability insurance.
All of these policies were competitively shopped by a broker to get the lowest rate
possible.
q. Payroll Services. This includes all costs of HISA’s relationship with Resource
Management, Inc. (RMI), a Professional Employer Organization (PEO). RMI provides
Human Resources administration (handbook and policy management resources, new
employee onboarding, labor law assistance, etc.), benefits management, compliance
services (workers’ compensation claims management and annual reporting,
unemployment claims management, etc.) and payroll administration (payroll
processing, W2 management, vacation tracking, etc.). The relationship with RMI
allows these functions to be performed in a more cost-effective manner than if HISA
hired employees to perform those functions.
r. Printing and Publication. This includes the cost of printing and publishing various
educational and communication materials.
s. Professional Services. This account consists of:
i. Consulting fees to independent contractors assisting HISA with consulting
projects and board and executive functions.
ii. $75,000 contingency fund set aside for unexpected expenses.
These items will ensure that HISA has high quality employees who are well-trained to properly
serve its constituents.
Please note that the 2026 HISA budget contemplates the repayment of $0 of loans; it does not
assume that any funding shortfall will be incurred.
V. Information Concerning Rule 1.150(c)(5). Attached as Appendix 1012 is a
comparison of the approved HISA 2025 Budget through June 30, 2025 to actual revenues and
expenditures during that same period. A variance has been calculated for each line item, and a
narrative explanation has been provided for all variances > 10% and at least $100,000.
VI. Information Concerning Rule 1.150(c)(6).13
12 To be completed at the time of the FTC submission,
13 To be completed at the time of the FTC submission.
12Conclusion
The proposed budget is consistent with and serves the goals of the Act in a prudent and
cost-effective manner. The proposed budget allocates the funding necessary for the successful
implementation by HISA of the requirements of the Act. The budget has been carefully analyzed
and is narrowly tailored to the various regulatory activities of HISA as contemplated by the Act.
As demonstrated herein, the anticipated revenues are sufficient to meet its anticipated
expenditures.
13HISA
2026 Summary Budget
Account 2026
# Name Budget
Revenue
4200 Assessments Income – $
4300 Racetrack Safety Fines Income 360,000 $
4305 ADMC Fines Income 180,000 $
4350 Lab Test Income 399,268 $
4700 Interest Income – $
4190 Other Revenue 440,000 $
4150 In-Kind Revenue – $
Total Revenue 1,379,268 $
Expenses
5200 Salaries 4,843,151 $
5210 Payroll Tax Expense 371,170 $
5290 Other Employee Benefits 378,109 $
5310 Board & Committee Travel 20,000 $
5410 Rent 71,679 $
5420 Phone 780 $
5430 Meeting Expenses 102,055 $
5440 Travel 422,300 $
5450 Memberships & Subscriptions 19,557 $
5460 Staff Development 2,700 $
5480 Interest Expense 123,456 $
5490 Bank & Credit Card Fees 28,800 $
5500 Supplies 78,040 $
5510 Postage 2,800 $
5710 Licenses & Fees 2,215 $
5810 Accounting 107,200 $
5815 Public Relations Services 270,000 $
5820 Legal – General 830,000 $
5821 Legal – Lawsuits 3,000,000 $
5825 Technology 2,243,827 $
5830 Insurance 35,350 $
5840 Payroll Svcs. 21,600 $
5850 Printing & Publication 1,200 $
5890 Professional Services 7,840,441 $
5910 HIWU 37,231,493 $
5915 Accreditation Services 235,500 $
5920 Racetrack Surface Testing 672,000 $
5925 Lab Testing 19,478,062 $
6150 In-Kind Expenses – $
7000 Realized Foreign Currency (Gain)/Loss- $
Total Expenses 78,433,485 $
Total Change in Net Assets Loans to be repaid (77,054,217) $
– $
Total to be assessed (77,054,217) $
Credits expected to be utilized by industry in 2026 $
16,560,446
Net amount to industry if credits are utilized (60,493,771) $
The 2026 HISA Summary budget is a compilation of the
following departmental budgets:
-Racetrack Safety
-Veterinary Services
-Anti-Doping & Medication Control (ADMC)
-Technology
-AdminHISA
2025 Budget
Racetrack Safety
Account
2026
# Name Budget
Revenue
4300 Racetrack Safety Fines Income 360,000 $
4290 Other Revenue 440,000 $
4295 Conference Revenue –
$
800,000 $
Expenses
5200 Salaries 838,500 $
$
5210 Payroll Tax Expense 62,900
$
5290 Other Employee Benefits 90,200
$
5430 Meetings 36,000
$
5440 Travel 94,800
$
5450 Memberships & Subscriptions –
$
5460 Staff Development 2,700
$
5500 Supplies 32,400
$
5510 Postage 1,000
5890 Professional Services 873,000 $
5915 Accreditation Services 235,500 $
5920 Racetrack Surface Testing 672,000 $
$
2,939,000
$
(2,139,000)
The Racetrack Safety budget primarily consists of:
-Salaries – staff to support and monitor the Racetrack Safety
program, including those necessary to oversee the
administration, data analysis, track accreditation, and
research components.
-Racetrack Surface Testing – pre-meet testing of racetracks
around the country that run covered races.
-Professional Services – vendors and contract employees that
support the Racetrack Safety program.HISA
2026 Budget
Veterinary Services
Account
2026
# Name Budget
Expenses
5200 Salaries 672,800 $
$
5210 Payroll Tax Expense 60,500
$
5290 Other Employee Benefits 41,200
$
5430 Meetings 10,000
$
5440 Travel 40,000
$
5500 Supplies 3,500
5890 Professional Services 108,500 $
$
5995 Miscellaneous Exp. –
936,500 $
The Veterinary Services budget primarily consists of:
-Salaries – staff to ensure that the veterinary care portion of
the Racetrack Safety program is properly carried out.
-Professional Services – vendors and part-time employees
that support veterinarians around the country.HISA
2026 Budget
ADMC
Account
2026
# Name Budget
Revenues
4305 ADMC Fines Income 4350 Lab Test Income 180,000 $
399,268 $
579,268 $
Expenses
5200 Salaries –
$
$
5210 Payroll Tax Expense –
$
5290 Other Employee Benefits –
5440 Travel –
$
$
5500 Supplies –
5890 Professional Services 727,091 $
$
5910 HIWU 37,231,493
$
5925 Lab Testing 19,478,062
$
7000 Realized Foreign Currency Gain (Loss) –
$
57,436,645
$
Total (56,857,378)
The Anti-Doping & Medication Control (ADMC) budget
primarily consists of the following:
-Horseracing Integrity & Welfare Unit (HIWU) costs – costs of
sample collection for post-race, out-of competition, and
TCO2 testing. These costs assume that HIWU is paying for
100% of the costs (no states receive credits for using their
own sample collection personnel, etc.).
-Lab Testing – costs of doing all post-race, out-of-
competition, and TCO2 testing. This includes drug testing
equipment and shipping costs.
-Professional Services – arbitration fees (estimated costs for
adjudication of cases) and the cost of the Furosemide study.HISA
2026 Budget
HIWU
2026
Account Budget
Salaries 7,000,000 $
Payroll Tax Expense 560,000 $
Other Employee Benefits 630,575 $
Rent 114,810 $
Office Expense 90,204 $
Telecommunications 97,200 $
Travel 930,798 $
Supplies 1,370,000 $
Professional Services 3,589,985 $
Technology 1,680,072 $
Insurance 511,700 $
Resources and Education 130,638 $
Taxes – Other 3,500 $
ADMC Collection Costs 17,722,897 $
Management Fees 2,754,590 $
37,186,969 $HISA
2026 Budget
Technology Dept.
Account
2026
# Name Budget
$
5200 Salaries 966,800
$
5210 Payroll Tax Expense 82,200
$
5290 Other Employee Benefits 68,500
$
5440 Travel 101,500
$
5450 Memberships & Subscriptions 1,200
$
5500 Supplies 23,600
5510 Postage – $
5825 Technology 2,243,800 $
5890 Professional Services 5,688,300 $
9,175,900 $
The Technology Budget primarily consists of the following:
-Professional Services – third-party developers that build and maintain
technology systems/portals that facilitate program reporting and
monitoring.
-Technology – relationship with Palantir, Amazon Web Services (AWS)
and other vendors pertaining to the HISA website and systems.
Salaries – full-time employees to help create and support the necessary
technology systems.HISA
2026 Budget
Administration
Account
2026
# Name Budget
Revenue
4200 Assessments Income – $
4700 Interest Income – $
4150 In-Kind Contributions – $
– $
Expenses
$
5200 Salaries 2,365,100
$
5210 Payroll Tax Expense 165,600
$
5290 Other Employee Benefits 178,100
5310 Board & Committee Travel $
20,000
$
5410 Rent 71,700
5420 Phone 800 $
$
5430 Meetings 56,100
$
5440 Travel 186,000
$
5450 Memberships & Subscriptions 18,400
$
5480 Interest Exp. 123,500
5490 Bank & Credit Card Fees $
28,800
$
5500 Supplies 18,600
$
5510 Postage 1,800
$
5710 Licenses & Fees 2,200
$
5810 Accounting Svcs. 107,200
$
5815 P/R Svcs. 270,000
$
5820 Legal-Gen’l 830,000
$
5821 Legal-Lawsuits 3,000,000
$
5830 Insurance 35,400
$
5840 Payroll Svcs. 21,600
$
5850 Printing & Publication 1,200
5890 Professional Services 443,600 $
6150 In-Kind Expenses – $
7000 Realized Foreign Currency (Gain)/Loss – $
$
7,945,700
$
(7,945,700)
The Admin budget primarily consists of the following:
-Salaries – full-time personnel that manage the business and
operational components of HISA.
-Legal Fees (General & Lawsuits) – costs of creating and
enforcing HISA’s rules as well as defending against various
lawsuits.