I
recently spoke to two knowledgeable women
about the so-called "100 percent pass
through" rate for funds allocated to
social and educational programs.
It seems that much of the money is tied
up in administrative costs and does not
reach the intended recipients. One example
we discussed was the California Lottery.
Both women were concerned about how much
of the income generated actually gets "passed
through" to education. Of course, the
California Lottery was intended to supplement
the general education fund, not to be the
sole source of income for schools. Nevertheless,
the contribution and importance to education
of the Lottery can still be considerable.
Another issue we discussed was how lottery
money could be used to supplement low-income,
inner city areas where property taxes are
lower and therefore produce less revenue
for the schools. I mentioned that if the
Post the Finances initiative passed, we
would be able to monitor all of the state's
income and expenditures for the Lottery
on a daily basis. We could exert pressure
to ensure that most of the money gets passed
through to the schools where it will do
most good.
If
you have similar stories, or issues you
feel might be clarified or improved by "Post
the Finances," please
feel free to email me at:
mozena@postthefinances.com