N.C. Charter Schools Seek Lottery Money
Posted January 18, 2006 6:41 a.m. EST
RALEIGH, N.C. — North Carolina's charter schools want a piece of the lottery pie.
Charter school advocates asked lawmakers Wednesday to change the new lottery law to ensure that they receive some revenues from the North Carolina Education Lottery.
The first games are scheduled to begin in April and could bring in more than $400 million annually in net profits. The money is supposed to go toward public school construction, efforts to reduce class sizes and expand pre-kindergarten, as well as need-based college scholarships.
Tom Vass, of North Carolina Students for Equitable Lottery Funding, says lawmakers need to fix what he calls a legislative oversight and dedicate a portion of funds to charter schools.
Nearly 100 charter schools in North Carolina serve about 30,000 students. They get state funds based on a per-pupil formula. Traditional public schools also receive local construction funds, but charter schools do not.