Tennessee Gov. wants to spend lottery reserve

Comment #10

JAP69 — Fri, 11 Jan 2008 22:50:54 GMT

Some of our students at high school age are working parttime to help cover living expense at home, thereforth their grades do suffer.

They should be looking for ways to help these students get more study time to upgrade their scores.

Do you really think gym class is necessary when that time could be used for study time.

Or whatever unnecessary acticites schools have today. Hit the books not art class , home ec , shop classes. etc, etc,

There are not many around anymore but I went to

Comment #9

JAP69 — Fri, 11 Jan 2008 22:40:29 GMT

Politicans froth at the mouth when they see surplus funds laying around.

So what happens if the state lottery starts to have a shortfall of revenue to put in the fund if the surplus is spent.

The way this country is going people will not be able to play the lottery if a depression hits.

Comment #8

four4me — Fri, 11 Jan 2008 22:26:14 GMT

Exactly in her previous statements she said she switched drawing types so more money could be allocated for education. As we can see they cant even distribute all of it. So there is money to conduct live ball drawing . Proceeds are what's left over after all the expenses are paid.

It's not the peoples fault they cant utilize the money it's the governments fault for not getting a hold of things.

Hargrove said her goal is to make as much money for education as possible. If they cant use th... [ More ]

Comment #7

tntea — Fri, 11 Jan 2008 21:47:33 GMT

Spending the money on the merit-based college tuition and c average students' college tuition are the best ideas here. More needs to be available to kids to go to college. The scholarships set up right now don't pay enough to do any good. More than just the tuition could be covered.

I agree, more money should be spent toward post secondary education especially those students in the C average range. There are a lot of bright young people in high school who maintain a C average who c... [ More ]

Comment #6

time*treat — Fri, 11 Jan 2008 21:27:27 GMT

didn't really need to read further than Bredesen, a Democrat ...

Comment #5

Captain Lotto — Fri, 11 Jan 2008 20:51:10 GMT

To clarify, Four4Me, they have too much in proceeds, not extra money in the operating budget. That money is set aside for education needs, but the programs they have defined to benefit are not using all of the assigned funds. That's why they are looking for additional programs.

Comment #4

spy153 — Fri, 11 Jan 2008 17:19:21 GMT

Bredesen said the lottery scholarships could move beyond being solely a merit-based program because not enough help is available for students who need financial help to go to college.

One area where Bredesen said he expects to make little progress is in resurrecting last year's failed proposal to offer free community college tuition for any high school student with a C average.

Spending the money on the merit-based college tuition and c average students' college tuition are the best... [ More ]

Comment #3

four4me — Fri, 11 Jan 2008 16:39:07 GMT

So Rebecca Hargroves statements in previous press releases that ball drawings cost to much to run. Was just another smoke screen. Apparently they have sufficient funds to conduct live ball drawings. I am still wondering whether or not they stopped having ball drawings because they couldn't get the people behind the scenes to do the job at hand.

Actually there is no reason why they have the drawings aired on every TV station in Tennessee's they could only use one station for the official draw... [ More ]

Comment #2

nobie23 — Fri, 11 Jan 2008 13:24:01 GMT

The governor wants to use that money to pay for the remoeling of the mansion

Comment #1

tnlotto1 — Fri, 11 Jan 2008 13:01:56 GMT

thanks for putting up this story Todd i dont know why bredesen is trying to do this and i hope he loses support. just because the reserves are in excess doesnt mean the governer needs to hurry up and find a way to spend it.

Tennessee Gov. wants to spend lottery reserve

Lottery Post — Fri, 11 Jan 2008 12:12:00 GMT

Excess money would be distributed to school districts

Tennessee Gov. Phil Bredesen said Thursday the state lottery's huge cash reserves need to be distributed.

Bredesen, a Democrat, has abandoned last year's proposal to create a $100 million pool that would have served as collateral to improve credit ratings for school districts, he told The Associated Press in an interview Thursday.

The legislature wanted to spend it, they didn't want to put it aside to enhance credit, Bredesen said.... [ More ]