Local News

Changing Lottery Math Could Add Up to Benefit for Wake

Posted January 25, 2007

— Proposed legislation in the General Assembly could mean a larger share of education lottery proceeds for the Wake County Public School System.

Over the next five years, the county expects to receive $49 million from the North Carolina Education Lottery under the current funding formula. It is based on local tax rate and student population.

But Wake County leaders argue that the school system is penalized, because Wake County's tax rate is relatively low.

Leaders argue that school systems with lower enrollment numbers but higher tax rates, such as Charlotte-Mecklenburg Schools, would receive more money under the formula. Charlotte-Mecklenburg, for example, would receive $99 million over the next five years.

Bills in both the state House and Senate would distribute lottery proceeds would be based solely on school enrollment.

That would mean Wake County could see its annual share increase from $9 million to $15 million while other school systems, such as Mecklenburg, would see decreases.

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  • Nutz4golf Jan 26, 2007

    Builder276 - Where did you get this info that most of the money is generated in Wake? Just wondering....

  • bsmith17603 Jan 26, 2007

    Interesting article

  • superman Jan 26, 2007

    Well the bonds barely passed in Wake County. But as u know the bond money must be repaid -- it is not free money. The billion dollars did not fall out of the sky-- it fell out your pocket and mine for many years to come. To sell bonds you must be able to pay the money back. Tell u a little secret-- but dont tell anyone-- there is nothing free-- someone -- somewhere is paying. -- and oh-- by the way-- federal money isnt free either. The state allocates their school funds based on enrollment so the state allocation of school money is fair. The lottery allocation should also be based on the student enrollment. That way every student in the state has an equal opportunity for state funding.

  • What The Deuce Jan 25, 2007

    the lottery is working just perfectly......no problems here!

  • builder276 Jan 25, 2007

    Wake should get the majority. Most of the money for the lottery is generated in Wake county.

  • stanley104 Jan 25, 2007

    You got that right youngncleo! What about all these rural counties that don't have such modern technologies in the classroom? What about counties where school bonds DONT pass? A formula is developed to ensure that each county is treated according to the same guidelines. You can't make everybody happy -- it's life! Maybe people should stop complaining about the 'lack' of money and start coming up with ways to efficiently use what funds they already have. After all, do we want the kids to grow up looking for ways around laws so they can always get what they want? We are the role models. People should take everything they get as a blessing instead of asking for more, more, more.

  • youngncleo Jan 25, 2007

    Well, of COURSE, Wake County should get more money, because it's, well, WAKE COUNTY. I am so sick and tired of Wake getting the lion's share of everything in the state. The legislature needs to spread the wealth. The rest of the state deserves it.