Controller Sends Schools Nearly $1.3 Billion in Lottery Funds for the Year
SACRAMENTO - State Controller John Chiang today announced that payments from the Lottery Education Fund to school districts, educational institutions and state agencies for the 2012-13 fiscal year totaled $1.28 billion.
Payments to K-12 schools and community colleges are made to county treasurers, who then distribute the money to school districts. Funds for the University of California and Hastings College of the Law are sent directly to those institutions. The funds for state departments are deposited directly into their accounts.
The Controller's Office makes quarterly payments based on Lottery income and unclaimed online prizes. For the fourth quarter of the fiscal year, the Controller apportioned $375 million from the Lottery Education Fund.
The breakdown of funds to the various educational entities is as follows:
|California State University||46,172,739|
|University of California||29,893,447|
|Hastings College of the Law||163,813|
|Dept. of Youth Authority||71,167|
|Dept. of Education – State Special Schools||110,953|
|Dept. of Developmental Services||336,874|
Individual School District and Institution Quarterly payments are available at on the State Controller's website. Total fiscal year payments by county are listed below.
|SAN LUIS OBISPO||6,924,375.79|
Read a version of this press release in Spanish.