Florida Lottery Education Funding

Paper Summary:

This paper explains that the lottery was to be used only for supplementary funding of education. The author points out that, unfortunately, Florida is using the lottery for basic funding; and, particularly in Florida, the lottery income is very meager and insufficient. The paper concludes that, nonetheless, when used as supplementary funding, lottery funding plays an important role in meeting the educational demands of the students.

Table of Contents
Introduction
The Lottery Funding
Florida Lottery Funding
Scholarships
Florida School Recognition Programs
School Capital Outlay Bond Program
Impact of Lottery Funding
Political Factors
Uncertainty in the Lottery Revenue
Conclusion

From the Paper:

"The reason for this aberration is the drastic cut down of the education funds by the government in total breach of the 1987 "Florida Public Education Lottery Act", which states that lottery revenue is only an additional source of money and that it must not affect the regular allocation on the part of the government. So instead of proving to be a boon for the students the lottery funding is now proving to be baneful solution."

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