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Lodi Unified School District to receive $4 million from lottery funds

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Posted: Thursday, October 6, 2011 12:00 am | Updated: 5:26 am, Thu Oct 6, 2011.

Lodi Unified School District is expected to receive close to $4 million from the Lottery Education Fund, State Controller John Chiang announced this week. California school districts, educational institutions and other state agencies such as the California State Authority for the 2010-11 fiscal year totaled $1.12 billion.

Payments to K-12 schools and community colleges are made to county treasurers, who then distribute the money to school districts based on their size. Smaller districts will receive a smaller apportionment; New Hope, for example, is expected to get about $24,000.

The Lottery money is a very small portion of school district budgets. In Lodi Unified, for example, the amount awarded to the district is about 2 percent of its total general fund, according to Chief Business Officer Tim Hern.

The Controller’s Office makes quarterly payments based on Lottery income and unclaimed online prizes. For the fourth quarter of the fiscal year, the Controller apportioned $271.5 million from the Lottery Education Fund.

For a list of the districts and their apportionment, visit www.sco.ca.gov.

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3 comments:

  • Gary Knackstedt posted at 6:17 pm on Thu, Oct 6, 2011.

    Gary Knackstedt Posts: 12

    2% is still 2%. We will take it.

     
  • Anntoinnette Silva Backus posted at 8:40 am on Thu, Oct 6, 2011.

    ohmom Posts: 1

    Use the money to restor elementary school libraries to their full schedule.

     
  • Kevin Paglia posted at 8:16 am on Thu, Oct 6, 2011.

    Kevin Paglia Posts: 1879

    Yippy, new cell phones for all.

     

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