Polk schools to get $55,604 in lottery funds restored

Published 2:56 pm Friday, August 28, 2009

North Carolina has announced that it plans to fully restore funds to the state&39;s lottery capital fund for public schools, including $55,604 to Polk County. A total of $2,130,543 is expected to be restored to schools in Western North Carolina.&bsp; &dquo;When the national recession created a shortfall of billions of dollars, I had to turn over every stone to pay North Carolina&squo;s bills ‐ to pay teachers, to keep schools and other core services running,&dquo; Perdue said. &dquo;With our bills paid and the books for last fiscal year cleared out, I&squo;m restoring the school construction lottery funds in full, which means North Carolina&squo;s public schools will receive another $37.6 million next week.&dquo;In February, Perdue withheld $37.6 million during the 2008-09 fiscal year from the Public School Building Capital Fund to ensure the state had sufficient resources to manage cash flow and payroll obligations. That money is being restored using funds left over from the 2008-09 fiscal year.Rutherford County Schools are expected to get $212,356 restored in lottery funds, and Henderson County Schools are expected to get $287,907.&bsp;

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