Lottery Still Helps Schools

1 decade 2 years 11 months ago Thursday, October 11 2007 Oct 11, 2007 Thursday, October 11, 2007 12:15:47 AM CDT October 11, 2007 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
(CNN) -- President Donald Trump hailed Supreme Court Justice Ruth Bader Ginsburg as a "brilliant mind" in a statement Friday... More >>
2 hours ago Saturday, September 19 2020 Sep 19, 2020 Saturday, September 19, 2020 5:00:00 AM CDT September 19, 2020 in News
(CNN) -- Supreme Court Justice Ruth Bader Ginsburg died on Friday , the court announced. She was 87. Ginsburg... More >>
12 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 6:43:00 PM CDT September 18, 2020 in News
(CNN) -- For a father and son, a hug before the first game of football season is a special moment.... More >>
12 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 6:23:00 PM CDT September 18, 2020 in News
Week four of Friday Night Fever has arrived. Before you head out to your team's game or tune in to... More >>
13 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 5:56:00 PM CDT September 18, 2020 in Friday Night Fever
Games for high school football games will become available below. Final scores are in bold and home teams are on... More >>
13 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 5:44:00 PM CDT September 18, 2020 in Friday Night Fever
Welcome to Week 4 of Friday Night Fever! Our game of the week features the Marshall Owls taking on the... More >>
13 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 5:43:00 PM CDT September 18, 2020 in Friday Night Fever
STOVER - COVID-19 is affecting young and old alike in Morgan County. According to the Morgan County Health Center... More >>
14 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 5:03:00 PM CDT September 18, 2020 in News
COLUMBIA — Battle High School canceled its game set for Friday against the Hickman High School Kewpies. Battle announced... More >>
16 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 3:14:00 PM CDT September 18, 2020 in Sports
NEAR CRANE, Mo. (KY3) - The Missouri Water Patrol is investigating a deadly crash killing a father and son from... More >>
17 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 2:00:00 PM CDT September 18, 2020 in News
MISSOURI- As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. The... More >>
17 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 2:00:00 PM CDT September 18, 2020 in News
ST. LOUIS COUNTY, Mo. - As parents and student-athletes continue to protest the ban on some youth sports games... More >>
17 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 1:27:00 PM CDT September 18, 2020 in News
JEFFERSON CITY (AP) - A 39-year-old Missouri man accused of threatening to shoot people at a Walmart has been sentenced... More >>
18 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 12:43:05 PM CDT September 18, 2020 in News
COLUMBIA - Columbia Police officers are investigating two separate shots fired reports in west and south Columbia from Thursday evening.... More >>
19 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 11:26:00 AM CDT September 18, 2020 in News
COLUMBIA- UPDATE 3 p.m.: The Columbia Board of Education met in a closed session with its attorney regarding the field... More >>
20 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 10:53:00 AM CDT September 18, 2020 in News
LANCASTER COUNTY, PA ( WPMT ) -- "It was really, really hard and scary," said James Stafford, a veteran. ... More >>
22 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 8:52:00 AM CDT September 18, 2020 in A Brighter Tomorrow
(CNN) -- A firefighter has been killed in the El Dorado Fire, the blaze sparked this month by a botched... More >>
22 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 8:17:00 AM CDT September 18, 2020 in News
(CNN) -- The Commerce Department plans to restrict access to TikTok and WeChat on Sunday as the Trump administration's executive... More >>
23 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 7:56:00 AM CDT September 18, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. Previous coverage: ... More >>
23 hours ago Friday, September 18 2020 Sep 18, 2020 Friday, September 18, 2020 7:49:00 AM CDT September 18, 2020 in News
Columbia, MO
Broken Clouds 49°
8am 51°
9am 55°
10am 59°
11am 63°