Report No. 2010-112
Complete Audit Report
Findings in the audit of the Gaming Proceeds for Education Fund and Schools First Elementary and Secondary Education Fund
Changes in Law and Voter-Approved Provisions
Legislation approved by the Missouri General Assembly in 2009 removed key components approved by Missouri voters in 2008, including the requirement to ensure the increased gaming revenues generated by Proposition A would represent additional funding for education. The results of our audit indicate the state complied with both the original and current legal provisions related to the Gaming Proceeds for Education Fund and the Schools First Elementary and Secondary Education Fund (Schools First Fund) for fiscal years 2009 and 2010. However, the state would not have been in compliance with original provisions passed by voters related to fiscal year 2011 appropriations. Had the original legal requirements passed by voters in 2008 remained in effect (and fiscal year 2011 additional gaming revenues equal or exceed 2010 amounts), it appears at least $20.9 million more would be required to be expended for elementary and secondary education than was appropriated for fiscal year 2011.