Audit Report: California Lottery Owes Schools $36 million – IOTW Report

Audit Report: California Lottery Owes Schools $36 million

A state audit also found additional monetary transgressions, which may result in legislative action.

CA Global: According to a report by the California State Auditor’s office on Tuesday the California Lottery owes schools across California $36 million in unpaid funding.

$36 million not paid in one fiscal year

The audit found that, within the  2017-2018 fiscal year, that the Lottery did not increase the amount given to schools despite increases in overall Lottery revenue.

“The lottery has not provided required funding to education,” noted the findings of the audit. “It is critically important that the Lottery adhere to these requirements because they are safeguards that ensure that the Lottery’s education funding increases as the Lottery’s revenues increase and that the education funding is at its highest possible level and does not decline sharply from one year to the next.”

After being created in the mid 1980’s, the California Lottery had to give 34% of all revenues to public schools in the state. In 2010 AB 142 was signed into law by then Governor Arnold Schwarzenegger, vastly increasing the amount given to schools. Since then the proportional percentage of how much the Lottery has to give to education has been revenue proportional. more here


8 Comments on Audit Report: California Lottery Owes Schools $36 million

  1. If the money were going to make any difference my GAS (Give A Shit) Meter might register a blip. I can’t get too excited about one group of thieves short changing another group of thieves.

    16
  2. It would appear that the only group in California that doesn’t have to give money to the schools are the pimps and they are exempt because they have to give their money to the Democrat politicians!

    9
  3. They’ve been giving money to the schools. The problem is they keep telling them , ‘no, this year we want more. and next year we want more than that.’ And then CA misuses the money and the schools don’t get anything.
    Same shit, every year. Tax everything for schools and roads. Never used for either.

    10
  4. This is the ultimate insult. Why should taxpayers money be used for what we said it will be used for. Preposterous!

    Sacramento it is entirely corrupt!!

    7
  5. I am shocked. A government not following its own laws. Even more so because it is run by a supermajority of Democrats.
    Add that it is giving money that was supposed to go to one place to another special interest group, or to lawsuits against the President
    Shocked I tell you.

    5

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