State audit looks at why education fund contributions have dipped while lottery sales have gone up
RALEIGH, N.C. (WNCN) — A new audit of the North Carolina Education Lottery found that lottery sales have increased, but the State Auditor is raising questions as to why education funding provided by the lottery has decreased over the period of several years. Accounting firm Cherry Bekaert conducted the audit of financial statements between June […] A new audit of the North Carolina Education Lottery has found that lottery sales have increased, but education funding by the lottery has decreased over several years. The audit was conducted by accounting firm Cherry Bekaert and was conducted between June 2025 and 2024. In fiscal year 2025, total annual revenue increased to $6.6 billion, but net revenues designated for public schools decreased to $1.05 billion. The overall percentage contributed to public schools has gone from 23% in FY 2023, to 20% FY 2024, to 16% in 2025. State Auditor Dave Boliek stated that these numbers raised a lot of questions about why education funding for North Carolinians has decreased and why the lottery's contributions to public education have been flat.
Publicado : hace 5 meses por Russ Bowen en Politics
RALEIGH, N.C. (WNCN) — A new audit of the North Carolina Education Lottery found that lottery sales have increased, but the State Auditor is raising questions as to why education funding provided by t... [2986 symbols]
Temas: US Politics