Perdue restores school lottery funds

Gov. Bev Perdue today announced she is fully restoring funds to the lottery capital fund for public schools.

Mecklenburg County will get $3.7 million. For a list of what other counties will receive, click here.

“When the national recession created a shortfall of billions of dollars, I had to turn over every stone to pay North Carolina’s bills — to pay teachers, to keep schools and other core services running,” Perdue said. “With our bills paid and the books for last fiscal year cleared out, I’m restoring the school construction lottery funds in full, which means North Carolina’s public schools will receive another $37.6 million next week.”

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.