Every time a lottery jackpot rings, North Carolina schools receive more funding. But how much money are schools in Western North Carolina receiving, and how are they using the funds?
Last Thursday, the North Carolina Education Lottery made its final transfer of lottery revenues to the state for the 2011 fiscal year. All in all, the Lottery has given more than $2 billion in total contributions to educational systems throughout the state since it was established in March of 2006.
Transfers for the 2011 fiscal year totaled $446.9 million, $5 million more than projected when the NCEL approved its original budget in June 2010.