School lottery cash totals $3.4 million
Many
in Yorba Linda get a bit giddy when a lottery jackpot prize reaches
the half-billion dollar mark, based on the crowded counters at this
city's high-volume ticket sellers, during the days leading up to a
big-dollar drawing.
But
if local residents don't win any of the top offerings, they're
consoled by the fact that at least 34 cents of every dollar they've
spent on their dream goes to support public schools, including the 35
campuses in the Placentia-Yorba Linda Unified School District.
Sadly,
the district's 22 elementary schools, six middle schools, five high
schools and two special schools aren't awash in dollars as a result
of the ever-increasing ticket sales, but district officials say
lottery income, about 1.7 percent of total revenue, is “welcome.”
Lottery
dollars for the just-commenced 2013-14 fiscal year are expected to
total 3.4 million, according to current projections, out of a total
$197 million general fund budget for the year.
Annual
lottery revenue isn't a stable source of funding for the district,
since the income has ranged from $77 per average daily attendance for
1991-92 to $180 in 1988-89. This year's rate is expected to be
$154, of which $124 is “unrestricted” and $30 is “restricted.”
The
$30 figure represents 50 percent of the growth in lottery allocations
and can only be used to purchase instructional materials. The
$124 figure can be used for any instructional purpose--but excludes
acquiring property, constructing facilities or funding research.
This
year's income would buy three textbooks per student, four computers
per classroom or cover half of the district's energy costs for a
year, according to district-provided figures.
But
lottery expenditures are committed to the K-12 music program,
counseling and the Educational Services Center, south of City Hall on
Casa Loma Avenue, officials stated.
Since
the first lottery ticket was sold in California in 1985,
Placentia-Yorba Linda schools have collected $84.8 million in
funding, with the 2012 calendar year total at nearly $4.3 million,
only $20,000 behind the historic high attained in 2006, according to
state lottery calculations.
Total
collected by the North Orange County Community College District is
$109 million, with a 2012 year total of nearly $6 million. The old
Yorba Linda K-8 district received $950,065 before merging with the
Placentia district in 1989.
The
lottery was approved in 1984, when voters gave Proposition 37 a 58
percent majority. Some $25 billion has been distributed to
schools statewide: 76.7 percent to K-12, 16.2 to community colleges,
4.3 to Cal State universities, 2.7 to the University of California
and the rest to other entities.
Lottery
officials noted the $1.32 billion distributed 2011-12 made up 1.5
percent of state spending on public education, stating, “While that
amount is relatively minor compared to public education's overall
budget, it's still needed money schools are putting to good use.”
<< Home