Tuesday, September 25, 2007 Effort Launched To Divert Lottery Money From EducationBy Rep. Jason Murphey
In 2002, while campaigning for Governor, Oklahoma Governor Brad Henry campaigned on a platform of financing Oklahoma public education through creation of the Oklahoma lottery. The lottery concept appears to have been presented to Oklahomans as a magic bullet to cure Oklahoma's education challenges, not unlike the House Bill 1017 sales tax increase, which was also presented to Oklahoma voters as an education solution. The lottery was to provide $500 million to the education system.
It is in fact generating only about $70 million per year for public education. This represents about 14% of the money originally predicted. For instance, in fiscal year 2008 lottery revenue will make up only around 2% - 3% of the amount state government gives to the local school districts in Crescent, Guthrie and Edmond. Worse still, Oklahoma politicians, in their haste to spend the money, have incurred millions of dollars of long term debt that must be paid back out of those revenues. Read More Labels: Education, Lottery, Rep. Jason Murphey Posted at 9/25/2007 11:58:00 AM |
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