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This work session offers the Board an opportunity to discuss statutory requirements and <br />considerations/observations regarding use of Lottery proceeds and how the monies would fit <br />into the County's capital funding policy. The accompanying memo from the Budget Director <br />outlines "statutory limitations along with other considerations and observations. <br />FINANCIAL IMPACT: The current fiscal year revenue budget includes $2.4 million (the <br />equivalent of 2 cents) in Lottery proceeds to offset school related debt service. <br />RECOMMENDATION (S): The Manager recommends that the Board of County Commissioners <br />conduct this work session to discuss how to factor Lottery proceeds into the County's current <br />capital funding policy. Following tonight's discussion, the Board may chose to include this item <br />on the February 6, 2007 regular meeting agenda to allow for public -comment and Board <br />decisions.