Jeff L. Thigpen Register of Deeds

Thursday, March 01, 2007

GUIL-TOID! (Like Factoid)

According to the NC Association of County Commissioners (NCACC), lottery ticket sales for FY 2006-2007 could fall short of the $1.2 billion needed to fund the state’s $425 million lottery appropriation for education spending that includes $170 million for county school construction needs. It is predicted that lottery sales will only generate $1.0 billion leaving $140 million for school construction, unless other action is taken. The anticipated revenue amount drops from $10.6 million to $8.7 million, a $1.9 million reduction for Guilford County.

More great news going into a County Budget that's 9 cents in the hole before budget negotiations!


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