Lottery Still Helps Schools

9 years 9 months 2 weeks ago October 11, 2007 Oct 11, 2007 Thursday, October 11 2007 Thursday, October 11, 2007 12:15:47 AM CDT in News

This does not mean Columbia Public Schools are not benefitting from lottery money. How do rising and falling Missouri Lottery proceeds affect public schools in the area?

States often hear complaints that not enough lottery revenues are actually used for education. When the Missouri Lottery was created in 1985, 45 percent of proceeds went to the state.

Legislators later changed the law, cutting back the state's share to 30 percent. The rest is kept by the Missouri Lottery.

From that 30 percent- 27 cents of every dollar- goes to education. It adds up to $259 million a year for education, saving taxpayers that much each year. The money supports educational programs, but public school officials don't really know just how much of their revenue specifically comes from the Missouri Lottery.

"Those dollars are hidden within those streams of revenue," said Nick Boren, C.O.O. of Columbia Public Schools. "The category we typically kinda watch and keep an eye on is that classroom trust fund, which is gaming proceeds."

Columbia School District officials made it clear that even though they don't directly see the impact of lottery funding, they maintain they will take whatever they can get to help out the district.

More News

Grid
List
COLUMBIA - Local businesses heard plans for the Nifong Boulevard Improvement Project at a meeting Thursday. The project is... More >>
3 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 6:39:00 PM CDT in News
CENTRALIA - Sen. Claire McCaskill, D-Missouri, joined a bipartisan collective of senators with the goal of ending China's ban on... More >>
3 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 6:12:00 PM CDT in News
COLUMBIA - The American Red Cross issued an emergency appeal earlier this month for eligible individuals to donate blood or... More >>
3 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 6:10:00 PM CDT in News
COLUMBIA - When finding a day care facility, parents expect their child to be taken care of, but former employees... More >>
6 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 3:32:00 PM CDT in Target 8
JEFFERSON CITY - Bus drivers from First Student transportation company say they have plenty of positive stories about their experiences... More >>
6 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 3:28:00 PM CDT in News
COLUMBIA – A rally was held to speak out against what some are calling discriminatory polices and legislation, following President... More >>
6 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 2:54:00 PM CDT in News
OWENSVILLE - A deadly accident at another fair is on the minds of several fair-goers in mid-Missouri, but it’s not... More >>
6 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 2:44:00 PM CDT in News
WASHINGTON — U.S. Senator Roy Blunt today praised the announcement that President Trump intends to nominate Kansas Gov. Sam Brownback... More >>
7 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 2:07:00 PM CDT in News
COLUMBIA — Police arrested a woman early Thursday morning during a traffic stop after she allegedly tried to stab an... More >>
10 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 10:56:00 AM CDT in News
COLUMBIA - Police took two people into custody Thursday morning following a traffic stop which led to a crash. ... More >>
12 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 8:56:00 AM CDT in News
ST. LOUIS (AP) — A tanker truck is hanging off an Interstate 44 overpass in downtown St. Louis. KMOV-TV... More >>
13 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 8:24:00 AM CDT in News
BOWLING GREEN, Mo. (AP) — Authorities say a staff member at a Missouri prison has been hospitalized after an inmate... More >>
14 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 7:13:00 AM CDT in News
FERGUSON, Mo. (AP) — The Latest on the opening of a new job training and education center in Ferguson nearly... More >>
14 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 7:06:00 AM CDT in News
JEFFERSON CITY, Mo. (AP) — Missouri Gov. Eric Greitens has signed new regulations on abortion into law. The first-year... More >>
14 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 6:57:00 AM CDT in News
ST. LOUIS (AP) — The former chief financial officer of a suburban St. Louis company has admitted embezzling nearly $3... More >>
15 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 6:36:00 AM CDT in News
CAPE GIRARDEAU, Mo. (AP) — A woman is being sought for questioning in the killing of a southeast Missouri man.... More >>
15 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 6:29:00 AM CDT in News
COLUMBIA - Columbia’s post office will host a customer appreciation day at its downtown location Thursday. The event will take... More >>
19 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 2:34:00 AM CDT in News
COLUMBIA— Twice a year, homeless people in Columbia can get a variety of services for free thanks to volunteers from... More >>
19 hours ago July 27, 2017 Jul 27, 2017 Thursday, July 27 2017 Thursday, July 27, 2017 2:24:00 AM CDT in News
Columbia, MO
Broken Clouds 78°
10pm 77°
11pm 77°
12am 76°
1am 75°

Select a station to view its upcoming schedule:

Coming Up Next

9:00p
The Night Shift
10:00p
KOMU 8 News @ 10
10:35p
The Tonight Show Starring Jimmy Fallon
9:30p
Seinfeld
10:00p
The King of Queens
10:30p
The King of Queens

Tonight's Schedule

7:00p
Hollywood Game Night
8:00p
The Wall
9:00p
The Night Shift
7:00p
Penn & Teller: Fool Us
8:00p
Hooten & the Lady
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld