Lottery Offers $30.1M School Payday
Tuesday was a $30.1 million payday for Idaho schools — thanks to another recordbreaking year for the state lottery. The Idaho Lottery delivered a $48.2 million dividend Tuesday, the state’s cut from $197.6 million in ticket sales. Here’s how the money breaks down for K-12:
- The first $18,075,000 go into the Department of Education’s School District Building Fund. This fund received $17 million in 2012.
- The Department of Education’s Bond Levy Equalization Fund will receive $12,050,000, up from $7.5 million a year ago. More from Kevin Richert/The EDge here.
Question: Don't you wish Gov. Butch Otter and the Idaho Legislature supported schools as well as the Idaho Lottery does, relatively speaking?