REPORTS May - West Virginia Legislature

II"o.r"ry contlnuedS a S O , S 1 3 , O O 0 . O 0 ; for the previous Juty - March 2OOB ir l{asI S 4 9 3 , 3 5 0 , 0 0 0 . 0 0 . Expressed as a percentage, gross profit is 0.58EtIIEI Llower for flscal year 2009 than fo! f1scal year 2008.Otrr€t€,tirg l!o@s:op...ting incone was $ 4'12,'I!6,000.00 for JuIy - March 2OOg. EorJuly 2007 - March 2008 it was S 477,880,000.00. ThIs uas adecrease of 1.088. After additlons and subtractlons of nonoperatingIncoEe and expenses, distrlbutions to the state were9460,320.000.00 for July 2008- March 2009.Op€lattEg tra.asfels to t$e gtat€ otr lgest VLrgiaia:I A total of 5450,320,000.00 has been accrued to the state of l{est- Vlrglnla for flscaL year 2008-2009. Thls is on an accrual basisand nay not correspond to the actual cash tlansfers nade durlngt the sane tlne perlod. -( Amounts owed to the different accounLs- accordlng to the tottery Act are calculated nonthly and accrued-to the statei actual cash transfera are often nade based uponll actual cash flow needs of the day-to-day operatlon of ther lott6ry. )tttIItII!IIA schedule of cash transfers folloers:Bureau of Senior ServicesDepartroent of EducationI 58,81s,000.00I 35, r.9r.,000.00Library comnission I 11,554,000.00Higher Education'Centra.l $ 11,049,000.00Tourisn I 7,961,000.00Department of Natura.L$ 3,4 92, 000.00ResourcesDlvision of cu.lture and $ 5,8B0,000.00HistorytotteryPage -2-