Monkey Business Report: “Education” Lottery edition

Silly us.  We got told that this state lottery was going to fulfill all public education funding needs.  That’s what we get for believing what we’re told from Raleigh:  Politicians and policy analysts clashed Tuesday over school construction costs and who should pay. The rural-urban skirmish over state tax dollars dominated the hourlong debate into whether reform is needed in distribution of state lottery money and sales taxes, the role state and local bonds should play, and other funding mechanisms to build and repair school facilities.[…] The panelists agreed state lottery funds dedicated to education should return to 40 percent,…

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#ncpol: Firms from Jim Black era scandal get state lottery contracts

That’s what it looks like:  The North Carolina Education Lottery Commission awarded two contracts for the operation of its gaming systems and instant ticket services Wednesday. Foreign-owned International Gaming Technology, formerly GTECH, was awarded the contract to rebuild the state’s gaming systems from the ground up, with Strategic Games Technology getting the contract to print out the state’s instant tickets and related service contracts. IGT, which held the original lottery contract beginning in 2004, will be paid 1.15 percent of instant ticket sales and 0.36 percent of draw game sales for its work developing the state’s games. Scientific Games will…

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NC Education Lottery money NOT making it to Moore County schools?

There’s been a lot of belly-aching about schools reportedly getting short-changed.  The North Carolina education lottery came into being in 2005 as a method for providing much needed funding for public schools.  Moore County’s board of commissioners is under the impression that the county is not being given its share of the lottery proceeds, and wants the General Assembly to rectify the situation:  REQUEST: Request the Board of Commissioners to approve the attached Resolution requesting the General Assembly to give Moore County its statutory share of lottery funds of 40% to be used for its intended purpose for Moore County…

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