Oklahoma City (Feb. 11, 2009)—The Oklahoma Lottery has contributed $250M to Oklahoma education with more than $110M used to pay for debt service on a higher education capital projects bond issue. These projects can be seen on college and university campuses throughout the state including Southeastern Oklahoma State University (SOSU).
According to Ross Walkup, SOSU vice-president of business affairs, the affects of the higher education capital bond issue can be seen across the campus.
“The Capital Bond Issue 2005 allowed the university to build a new general classroom building, do major renovations to the occupational safety and health and theatre buildings and funded smaller projects relating to ADA, fire safety, roofing, and HVAC systems,” said Walkup. “These improvements will enhance the classroom learning experience for our students in years to come.”
The Oklahoma Education Lottery Act, passed in November 2004, designates the net proceeds of all Lottery games for educational improvements and enhancements statewide. The funds benefit all levels of education from Pre-K to higher education. The higher education capital bond issue Gov. Brad Henry signed into law in 2005 allows colleges and universities to access these funds for renovations and expansions to serve more students effectively and efficiently.
Lottery funds have also contributed to the betterment of the following educational systems:
Helped fund the Delores O’Guin Mitchell Library, a state-of-the-art electronic library.
Northeastern State University
Assisted in renovating its science building, developing its Enrollment Management Center and renovating areas of its Broken Arrow campus.
Helped fund the new science and agriculture building to continue the university’s ongoing contribution to agricultural education.
Used funds to build its Agriculture Resource Center’s conservatory, a living laboratory of plant varieties.
Helped finance its Public Safety Training Center, a 22,000 square foot building housing classes for students in police, fire and emergency medical technology, early care education, crime victim/survivor, and chemical abuse studies.
University of Central Oklahoma
Helping fund the construction of its forensic science building to be completed in Fall 2009.
Assisted in financing the National Weather Center, the largest research center of its kind in the nation.
Northern Oklahoma College
Helping build, expand and renovate campus buildings for academic and administrative purposes.
Assisting in building a new interdisciplinary research building and the restoration and renovation of South Murray Hall.
Helped with the expansion of the Health Professions Education Center.
Lottery proceeds are used throughout the state to supplement existing funds for a variety of important education purposes, including: teacher compensation and benefits, early childhood development programs, college scholarships, classroom technology and construction of educational facilities.
For more information about the Oklahoma Lottery, please visit www.lottery.ok.gov.