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Senator says Tenn. lottery scholarship fund in trouble

Tennessee LotteryTennessee Lottery: Senator says Tenn. lottery scholarship fund in trouble

NASHVILLE, Tenn. — Tennessee Senate Minority Leader Jim Kyle, D-Memphis, is urging lawmakers to deal with the state's "insolvent" lottery-funded college scholarship fund.

Sen. Kyle's comment came after a Senate panel refused to adopt his plan to plug a $13 million program shortfall.

"This is the first step to reducing scholarships and denying accessibility for thousands of Tennessee students who depend on the lottery scholarship as their sole opportunity to attend college," Sen. Kyle said in a news release Thursday. "This inaction threatens the ability to keep our promise to these students. The time to act is now."

His bill would shift from $56 million and $91.4 million in lottery funds, set aside two years ago for the $90 million Energy Efficient Schools Initiative, back to the scholarship fund's reserve. The initiative, a GOP brainchild, was intended to provide construction grants or loans to K-12 schools to promote energy efficiency and savings.

Sen. Kyle's bill failed Wednesday in the Senate Education Committee on a 4-4-1 party line vote, with all four Republicans voting "no" and a fifth Republican abstaining. All four Democrats, including Sen. Andy Berke, D-Chattanooga, voted for it.

Committee Chairman Delores Gresham, R-Somerville, did not return a call Thursday afternoon.

With the scholarship fund shortfall projected to hit $30 million or more in the fiscal year beginning July 1, the Senate and House speakers have appointed lawmakers to a task force that will tackle long-term problems.

Sen. Kyle argued before the committee that more immediate action was needed and that the bill should be sent to the Finance Committee. He sought to portray the issue as a collision between the lottery's original main purpose -- college scholarships -- and the relatively new K-12 energy efficiency program.

TVA Senior Vice President of Marketing Jim Keiffer, an Energy Efficient Schools Council member, told senators that "we have made a lot of progress with the program," noting that more than $9.5 million in grants to various schools have been "promised and are in the process of being moved as we speak."

Moreover, he said, funding for energy efficiency loans also has been promised, although rules regulating the process still are being finalized. A $3 million federal grant, meanwhile, depends on matching funds from the energy efficiency fund, he said.

"If this bill by Sen. Kyle passes, what does it do?" Sen. Jim Tracy, R-Shelbyville, who had helped champion the K-12 energy efficiency program, asked Mr. Keiffer.

About $45 million could disappear, Mr. Keiffer said.

"There's a lot of dollars and a lot of schools which haven't received any funds yet," he said. "As I understand it, $45 million goes away. So we obviously wouldn't be able to do as many projects."

Taking the money away "would be quite confusing, I would think" for local school districts, state education department lobbyist Bruce Opie warned.

Chattanooga Times Free Press

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22 comments. Last comment 7 years ago by Littleoldlady.
Page 1 of 2
beaudad's avatar - animaniacs26
Mid Atlantic States
United States
Member #60043
April 3, 2008
1422 Posts
Offline
Posted: April 9, 2010, 10:06 am - IP Logged

Who would have thought that Tennessee would have any problems with their management of Lottery Money......?????  well why don't they sell a lottery raffel ticket that would directly go to their money problem.....beaudad....

" I don't have a gambling problem,  I have a problem winning!"

    TnTicketlosers's avatar - Lottery-065.jpg

    United States
    Member #71120
    February 19, 2009
    1209 Posts
    Offline
    Posted: April 9, 2010, 12:06 pm - IP Logged

    Thats why all the repeats,to raise money...People are waking up in Tennessee ,no win no play here.Or should I say (speaking for myself)

      konane's avatar - wallace
      Atlanta, GA
      United States
      Member #1265
      March 13, 2003
      3333 Posts
      Offline
      Posted: April 9, 2010, 12:28 pm - IP Logged
      Looks like computerized draws aren't working out so well.
      How about restoring live ball drop draws with real machines and real lottery balls .... so people can see what's happening with their own eyes??? 

      Have live feed over the internet so players can watch draws in real time. Live feed similar to a glorified webcam could be nowhere near as expensive as televised draws.

      Good luck to everyone!

        rdgrnr's avatar - walt
        Way back up in them dadgum hills, son!
        United States
        Member #73904
        April 28, 2009
        14903 Posts
        Offline
        Posted: April 9, 2010, 1:12 pm - IP Logged

        I'd like to see them stop allocating money they don't have yet, period. Stop making promises based on projected income. Allocate after  you have the cash in hand. And as Konane said, go back to the ball machines and people will stop going out of state to avoid the computers they so disdain.

        We need new blood in the TEL. Somebody willing to take bold steps and not just play follow the leader with all the other states' failed strategies.

        And our legislature needs to stop spending money they don't have.   


                                                     
                             
                                                 

         

         

         

         

                                                                                                           

        "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                    --Edmund Burke

         

         

          TnTicketlosers's avatar - Lottery-065.jpg

          United States
          Member #71120
          February 19, 2009
          1209 Posts
          Offline
          Posted: April 9, 2010, 1:21 pm - IP Logged

          OMG  Georiga threw a 444 today,georiga people are so lucky...see,what I'm talking about.Enough said!

            THRUST's avatar - f35l

            United States
            Member #88435
            March 16, 2010
            397 Posts
            Offline
            Posted: April 9, 2010, 1:24 pm - IP Logged

            I'd like to see them stop allocating money they don't have yet, period. Stop making promises based on projected income. Allocate after  you have the cash in hand. And as Konane said, go back to the ball machines and people will stop going out of state to avoid the computers they so disdain.

            We need new blood in the TEL. Somebody willing to take bold steps and not just play follow the leader with all the other states' failed strategies.

            And our legislature needs to stop spending money they don't have.   

            You will hit the MM & PB twice before a state politician does anything that makes sense or is in the best interest of the public...power & money has the worse effect on people more often than not. 

            $1,000,000

              TnTicketlosers's avatar - Lottery-065.jpg

              United States
              Member #71120
              February 19, 2009
              1209 Posts
              Offline
              Posted: April 9, 2010, 1:33 pm - IP Logged

              Wonderful comments here so far today,,,BRING MS DEE TO TENNESSEE___BRING MS DEE TO TENNESSEE

                tiggs95's avatar - Lottery-036.jpg

                United States
                Member #47420
                November 4, 2006
                3930 Posts
                Offline
                Posted: April 9, 2010, 1:35 pm - IP Logged

                Anyone who buys lottery tickets in TN is a dummy...Oh wait ridge runner lives and buys tickets in TN..Yeah anybbody named ridge runner..That's it...

                  rdgrnr's avatar - walt
                  Way back up in them dadgum hills, son!
                  United States
                  Member #73904
                  April 28, 2009
                  14903 Posts
                  Offline
                  Posted: April 9, 2010, 1:59 pm - IP Logged

                  Anyone who buys lottery tickets in TN is a dummy...Oh wait ridge runner lives and buys tickets in TN..Yeah anybbody named ridge runner..That's it...

                  Hey tiggs,

                  I think I heard you mention playing 3 Line Lotto up there in the land of extremely close families.

                  News Flash: COMPUTER!

                  Same goes for Kicker.


                                                               
                                       
                                                           

                   

                   

                   

                   

                                                                                                                     

                  "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                              --Edmund Burke

                   

                   

                    tiggs95's avatar - Lottery-036.jpg

                    United States
                    Member #47420
                    November 4, 2006
                    3930 Posts
                    Offline
                    Posted: April 9, 2010, 3:41 pm - IP Logged

                    Hey tiggs,

                    I think I heard you mention playing 3 Line Lotto up there in the land of extremely close families.

                    News Flash: COMPUTER!

                    Same goes for Kicker.

                    You don't have to darken in COMPUTER tiggs can see..tiggs had 5 out of 6 numberrs about 6 weeks ago and won 516.00..Missed 265,000.00 bye one number..Lot of Jack Daniels in them numbers..Oh wait tiggs don't drink what a shame..tiggs don't complain about COMPUTER drawing and if you can find a post where he did you got a bott...oops never mind your so trcky you just might pull one up from someone else and put tiggs name on it..tiggs is to smart for ole ridgey........NEXT!!!.......

                      pcurtis's avatar - DiscoBallGlowing
                      fayetteville tn
                      United States
                      Member #68983
                      January 3, 2009
                      1829 Posts
                      Offline
                      Posted: April 9, 2010, 6:14 pm - IP Logged

                      Solution #1 get rid of the CEO. She is not player friendly.

                      Solution #2 get rid of the computers. 

                      Solution #3 put more than 4 top prizes on the scratchers.

                      Even the 2nd and 3rd tier prizes suck.

                      I will not buy them because of that.

                      The end.

                        TnTicketlosers's avatar - Lottery-065.jpg

                        United States
                        Member #71120
                        February 19, 2009
                        1209 Posts
                        Offline
                        Posted: April 9, 2010, 6:52 pm - IP Logged

                        Those top prizes look good on paper,but I've said it all along and wil always say it ...PUT MORE PRIZES WITH LOWER AMOUNTS SO EVERY ONE GETS A CHANCE TO WIN A LITTLE SOMETHING>>>WHY WONT THEY WAKE UP.I know when ,when the Tennessee lottery crashes......Pcurtis you are so right about #1   and if you think the computer has anything to do with it you are all wrong....They play what makes the state more money,,,,not to us.The average payout in Tennessee is around $30,000 and below on almost all draws.Wait and see what they payout will be when the 911 falls or the 789 at night,so dont tell me people dont play this sorry lottery,they do.Whewwww,what a shame .....we got caught up in her web....

                          pcurtis's avatar - DiscoBallGlowing
                          fayetteville tn
                          United States
                          Member #68983
                          January 3, 2009
                          1829 Posts
                          Offline
                          Posted: April 9, 2010, 8:26 pm - IP Logged

                          Take their new 2 dollar scratcher Lucky 8's and Aces for instance.

                          4 28,888 dollar prizes!

                          58 588 dollar prizes!

                          229 288 dollar prizes!

                          TN has over 4700 retailers the prize level stinks

                          The odds of winning 1 of the top 3 prizes is way up there.

                          A player would be nuts to play this game.

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
                            United States
                            Member #73904
                            April 28, 2009
                            14903 Posts
                            Offline
                            Posted: April 9, 2010, 8:48 pm - IP Logged

                            Take their new 2 dollar scratcher Lucky 8's and Aces for instance.

                            4 28,888 dollar prizes!

                            58 588 dollar prizes!

                            229 288 dollar prizes!

                            TN has over 4700 retailers the prize level stinks

                            The odds of winning 1 of the top 3 prizes is way up there.

                            A player would be nuts to play this game.

                            I agree pcurtis.

                            Unfortunately they know that scratchers are the hottest thing in the lottery and they're going to gouge the hell out of us until we stop playing them.

                            They'd give us better prizes and odds if we demanded it but they know people will never stick together and demand it by not playing.


                                                                         
                                                 
                                                                     

                             

                             

                             

                             

                                                                                                                               

                            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                        --Edmund Burke