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Types of Allocations
The specific types of allocations of lottery revenue are described below.
1. Systemwide Reserve
Of the total funds estimated to be available, an amount of at least $5,000,000
should be maintained for economic uncertainties, cash flow variations and
potential fluctuations in projected receipts and expenditures during a fiscal
year. These funds will remain uncommitted at the system level in order to
allow for potential fluctuation in lottery revenue receipts without adjusting
the approved program expenditure plan. Amounts in excess of the established
Systemwide Reserve will be made available in the next fiscal year's lottery
revenue budget.
Should campuses decide to establish a campus reserve, it is recommended
that the reserve not exceed 10 percent of the prior year's level of lottery
funds received and should be maintained for cash-flow purposes only. This
section should not be construed to mean that campuses are required
to maintain or establish a lottery fund reserve.
2. Program Allocations
As set forth in the Principles section above, it is appropriate to allocate
funds to enhance instruction based on needs and opportunities unique to
individual campuses, as well as needs and opportunities common to most,
if not all, the campuses. Each year, lottery revenue funds will be allocated
to programs designated by the CSU in the Lottery Revenue Budget which will
be allocated to campuses upon adoption by the Board of Trustees.
These program allocations should be distributed on an equitable basis consistent
with Trustee policy (enrollment targets). There will be no prescription
or further subdivision or pre-audit of the campus detailed plans for use
of the funds. The allocations will require only that the campus implementation:
a. Comply with the full intent of the California State Lottery Act of 1984
as well as with other laws;
b. Comply with the restrictions imposed relative to all lottery revenue
use as set forth in this document; and
c. Comply with the specific intent of the program.
All systemwide program allocations will be well defined, programmatically
and budgetarily, at the time of approval by the Board of Trustees.
3. Campus-Based Program Funds
A portion of annual lottery revenue will be allocated to the 22 campuses
and to the Chancellor's Office for discretionary purposes. These funds are
intended to permit maximum flexibility in order to meet unique campus needs
which ultimately lead to enhancing the quality of campus life. The specific
uses of Campus-Based Program Funds must be consistent with the policies
of lottery revenue as expressed in law and with the policy guidelines and
procedures adopted by the Board of Trustees. Adjustments to these funds
will be based upon campus enrollment.
4. Implementation Costs
The California State University Lottery Education Fund is a Special Fund
separate from the state's General Fund. Therefore, fund management must
be as separate from the management of the General Fund as possible. Specific
provision for implementation costs for systemwide purposes must be made
from lottery revenue in order to insure that the California State University
Lottery Education Fund is effectively managed consistent with the California
State Lottery Act of 1984 and with the policies of the Board of Trustees.
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