Lottery Still Helps Schools

9 years 7 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
HOLTS SUMMIT - Callaway County Sheriff Deputies arrested two men after deputies found meth, marijuana and a firearm in their... More >>
48 minutes ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 11:36:00 PM CDT in News
JEFFERSON CITY – Gov. Eric Greitens called for the special legislative session on Monday, and it’s costing taxpayers thousands of... More >>
3 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 8:51:00 PM CDT in News
ST. LOUIS (AP) — Police are investigating whether a man who stole a pickup truck after killing a woman and... More >>
5 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 7:09:45 PM CDT in News
COLUMBIA – President Donald Trump's proposed budget cuts on Tuesday could decrease funding for food stamps by nearly $200 billion... More >>
5 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 6:38:00 PM CDT in News
COLUMBIA - Pizza Tree, a local restaurant in Columbia, is participating in a national campaign that works with the non-profit... More >>
7 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 5:17:00 PM CDT in News
JEFFERSON CITY (AP) — A preliminary assessment has found about $86 million of damage and costs from recent flooding and... More >>
7 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 5:00:00 PM CDT in News
ST. LOUIS (AP) — A St. Louis man could face up to a year in prison after admitting that he... More >>
7 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 4:28:01 PM CDT in News
COLUMBIA - Blue Cross and Blue Shield of Kansas City announced it will withdraw from the Affordable Care Act starting... More >>
9 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 2:56:00 PM CDT in News
PARMA (AP) — A southe ast Missouri ma n is accused of burglary after allegedly targeting a most unlikely place... More >>
10 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 1:51:54 PM CDT in News
ST. CHARLES - With no verdict reached, jurors will resume deliberating the fate of Mexico resident Serghei Comerzan on Friday,... More >>
11 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 1:21:00 PM CDT in News
ST. LOUIS (AP) — A woman is dead and a man critically wounded after shootings in St. Louis' Baden neighborhood.... More >>
11 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 12:38:59 PM CDT in News
JEFFERSON CITY - Lincoln University announced Mike Middleton as its interim president Thursday as it prepares for current president Kevin... More >>
12 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 11:55:00 AM CDT in News
COLUMBIA - A report of a chemical smell coming from a hotel room turned out to be from white powder... More >>
13 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 11:24:00 AM CDT in News
JEFFERSON CITY - Jefferson City's Boys and Girls Club opened its new facility after three years without headquarters. "When... More >>
15 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 9:08:00 AM CDT in News
RAYTOWN (AP) — A Kansas City-area middle school is offering support to students who saw a body hanging from a... More >>
15 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 8:33:00 AM CDT in News
ST. LOUIS (AP) — A bridge over Interstate 270 near St. Louis will be closed for the next three months.... More >>
16 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 7:51:57 AM CDT in News
ST. LOUIS (AP) — The federal agency investigating an April 3 explosion that killed four people in south St. Louis... More >>
17 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 6:35:42 AM CDT in News
COLUMBIA - MU has found its new chancellor. On Wednesday, UM System President Mun Choi introduced Alexander Cartwright as... More >>
1 day ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 12:10:00 AM CDT in Top Stories
Columbia, MO
Broken Clouds 64°
1am 64°
2am 64°
3am 63°
4am 62°

Select a station to view its upcoming schedule:

Coming Up Next

11:37p
Late Night with Seth Meyers
12:37a
Last Call with Carson Daly
1:07a
The Insider
12:00a
Raising Hope
12:30a
Cheaters
1:00a
Cheaters

Tonight's Schedule

7:00p
First Dates
8:00p
Dateline NBC
7:00p
Penn & Teller: Fool Us
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld