North Carolina Education Lottery performance audit : final report - Page 13 |
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Delehanty Consulting LLC 10 Promote lottery beneficiaries and work with them to provide more direct linkage between lottery funds and the benefits realized by the public. PERFORMANCE REPORT This Performance Report provides management and stakeholders with a snapshot of NCEL’s performance relative to its peers, as well as a look at the NCEL’s performance over the last four years. The Performance Report is comprised of two sections. The first section, Peer Review Report, compares a set of NCEL’s key metric values to those of the selected peer group. The comparisons included in the Peer Review Report are limited to key metrics that can be readily compared to other lotteries. The second section, NCEL Trend Analysis, includes a larger set of metrics and analyzes NCEL’s performance over the NCEL’s first four full fiscal years of operation ( FY2007 – FY 2010). Peer Review Report The Peer Review Report uses Fiscal Year 2009 data to compare NCEL’s performance with that of its peer group because 2010 data were not available during the performance review process. In addition to the NCEL, the peer group includes: Georgia Lottery Corporation ( Georgia) South Carolina Education Lottery ( South Carolina) Virginia Lottery ( Virginia) Kentucky Lottery Corporation ( Kentucky) Tennessee Education Lottery ( Tennessee) Profit Performance Government- sponsored lotteries in the U. S. exist to raise funds for good causes. Therefore, the most important financial measurement of a lottery’s success is the money raised for the good causes for which it was established. The populations served by lotteries can be vastly different, so comparisons of the relative performance of lotteries should account for differences in population. Hence, Profits Per Capita is a leading measure for assessing the overall financial performance of government- sponsored lotteries. Profits: Total dollars raised for the good cause for which the lottery was established and available for transfer to the state. Profits Per Capita ( PPC): Profits divided by the state population.
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Title | North Carolina Education Lottery performance audit : final report - Page 13 |
Full Text | Delehanty Consulting LLC 10 Promote lottery beneficiaries and work with them to provide more direct linkage between lottery funds and the benefits realized by the public. PERFORMANCE REPORT This Performance Report provides management and stakeholders with a snapshot of NCEL’s performance relative to its peers, as well as a look at the NCEL’s performance over the last four years. The Performance Report is comprised of two sections. The first section, Peer Review Report, compares a set of NCEL’s key metric values to those of the selected peer group. The comparisons included in the Peer Review Report are limited to key metrics that can be readily compared to other lotteries. The second section, NCEL Trend Analysis, includes a larger set of metrics and analyzes NCEL’s performance over the NCEL’s first four full fiscal years of operation ( FY2007 – FY 2010). Peer Review Report The Peer Review Report uses Fiscal Year 2009 data to compare NCEL’s performance with that of its peer group because 2010 data were not available during the performance review process. In addition to the NCEL, the peer group includes: Georgia Lottery Corporation ( Georgia) South Carolina Education Lottery ( South Carolina) Virginia Lottery ( Virginia) Kentucky Lottery Corporation ( Kentucky) Tennessee Education Lottery ( Tennessee) Profit Performance Government- sponsored lotteries in the U. S. exist to raise funds for good causes. Therefore, the most important financial measurement of a lottery’s success is the money raised for the good causes for which it was established. The populations served by lotteries can be vastly different, so comparisons of the relative performance of lotteries should account for differences in population. Hence, Profits Per Capita is a leading measure for assessing the overall financial performance of government- sponsored lotteries. Profits: Total dollars raised for the good cause for which the lottery was established and available for transfer to the state. Profits Per Capita ( PPC): Profits divided by the state population. |