Home » Government » Michigan Lottery contributes $1B to school fund for first time

Michigan Lottery contributes $1B to school fund for first time

The Michigan Lottery has raised more than $1 billion for public schools for the first time. The lottery announced Wednesday that it contributed more than $1 billion to the school aid fund in the last fiscal year. That’s a $129 million boost over the prior year. It’s the largest one-year increase in the lottery’s 47-year history and the fifth straight year of record-setting contributions to the school fund. The fund also is funded with sales and use taxes, income taxes, property taxes, some federal funds, cigarette, liquor and other taxes.  (AP)

Check Also

House approves dark-sky preserve plan in Cass County

The Michigan House has approved state Rep. Aaron Miller’s plan to designate Dr. T.K. Lawless …

Leave a Reply

Your email address will not be published. Required fields are marked *