FY '07 Beneficiary Brochure - North Carolina Education Lottery

FOR MORE INFORMATIONWE HAVE A WINNER...OUR WINNING PROGRAMSAt-Risk Pre-K Programs &Class Size Reductionncpublicschools.orgSchool Constructionschoolclearinghouse.orgCollege Scholarshipsncseaa.eduNC Education Lotterync-educationlottery.orgIN THE STATE OFNORTH CAROLINAPlayers and retailers alike can be very proud of theircontribution to education both by purchasing andselling lottery tickets.In FY07, 35% of every lottery purchase went towardseducation.Lottery proceeds support four education programs:at-risk four year olds through the More-at-Fourprogram; class size reduction in grades K-3; schoolconstruction; and college scholarships.Since inception March 30, 2006, the North CarolinaEducation Lottery transferred $455 million to theeducation lottery fund which disbursed lottery dollarsto the programs. The FY07 transfer of $313 millionplus carryover from FY06 brought the FY07 amounttransfered to the North Carolina Education LotteryFund at the Office of State Budget and Management toover $325 million.More-at-Four – $74,827,365 (received by counties)RESULTS• Almost 19,000 children receive More-at-Four assistance• Services provided to children in all 100 countiesClass Size Reduction – $78,063,786RESULTS• Funded 2525 teaching positions reducing class sizein grades K-3 to 1 teacher per 18 students• Every county benefits from K-3 class size reductionSchool Construction – $130,159,590RESULTS• Dollars allocated to counties based on studentpopulation and average property tax• Counties decide how to spend their money– Bank the money for future use– Use the money to pay for school bonds– Use the money for smaller capital projects• New roofs• New HVAC systems• New security systems• Land purchases• School renovations• School additionsCollege Scholarships – $32,543,855RESULTSOver 32,000 students who qualified for the pell grant wereoffered lottery scholarships for the 07/08 school year.50%10%40%At-Risk Pre-K Programs &Class Size ReductionSchool ConstructionNorth Carolina Education Lottery300,000 copies of this public document were printed at a cost of $15,280.00or $.05093333 per copy.nc-educationlottery.orgCollege Scholarships