Government Technology - November 2007 - (Page 21)

more profitable, the entity would pay more corporate income tax to the state. Furthermore, a profit-sharing clause would be included in the handover of lottery operations. According to an analysis provided to the state by Lehman Brothers, a worldwide investment firm based in New York City and a potential partner in the proposed private consortium, “If a private operator were to eventually improve performance beyond average national levels, profit sharing would then begin, though we think this is unlikely to occur for the early part of the lease.” Because private operators would earn profits in California, they would have to pay state corporate income taxes, which would generate $175 million immediately, $410 million by the end of the lease, and average $315 million in annual tax revenue during the 40-year concession. A fact sheet prepared by the governor’s office cites the California Lottery’s long-term problems meeting expectations. The report noted that annual per capita spending on lottery products is $158 in states that have lotteries, and in the 10 most populous states, per capita spending is $190. In California, it’s $81. Clearly, officials said, there is a lot of room to improve. Durable labeling with moisture and smear resistant SLP-TMRL or SLP-TRL Smart government and SmartLabels. Diskette and Zip ® disk labeling with SLP-DRL or SLP-ZIP Shipping labels with SLP-SRL or SLP-SRLC DAT labeling with SLP-35L or SLP-27210 Publication and binder labeling with SLP-FN or SLP-FW Manage and track property, evidence, ﬁles and records, archives, IT equipment, and other assets. Whether you are a large agency or small municipality, when the demands of asset management, UID, and Real ID Act compliance require labeling, the Smart Label Printer® from Seiko Instruments has the answer. Easily create custom labels with 1-D and 2-D bar coding, such as DoD and GSA recognized Code 39, Codabar, Code 128, highly secure PDF417 or Data Matrix using our bundled Smart Label software. Simply plug the SLP into your PC or Mac ®, via the built-in USB or Serial port, and print labels quickly, as fast as one label per second, in clear, legible, machine-scannable 300 dpi. The SLP is ideal for government with no ink, noise or hassle thanks to our clean and quiet thermal printing technology. Choose from three great SLP models and our expanding line of SmartLabels ™ See all the Smart Label Printer products at . www.siibusinessproducts.com or at our authorized resellers. Temporary visitor ID badges or parking passes using highdensity symbology with adhesive SLP-NB and SLP-NR, or non-adhesive SLP-ENT and SLP-ENTL Jackpot? Not everyone is keen on handing over the reins of a multibillion dollar government program to some wealthy, unnamed group. Jean Ross, executive director of the California Budget Project, a nonprofit fiscal and policy analysis organization, said the lottery tends to exploit the poor, and other means should be pursued to guide California out of its dire economic straits. “I think it’s appropriate to ask whether the state should be encouraging more Californians to gamble more of their money,” Ross said. “In particular, we know that lower-income households are disproportionately likely to engage in gaming activities. Those are the Californians who have the toughest time making ends meet. “California has what’s called a structural budget deficit,” Ross continued, “which means our expenditures exceed our revenues, and selling the lottery would be a one-time fix to an ongoing problem.” However, in a response to the governor’s proposal, California Senate President pro tem Don Perata, D-Oakland, said he has no problem with the idea — noting his objection to government being in the lottery business in the first place. “Let’s face it: The lottery is like an expanded bake sale. That’s all it is: It’s extra money … I don’t think we should be in that business to begin with.” 21 Government and Education © 2007 Seiko Instruments USA Inc. All rights reserved. “Smart Label Printer” is a registered trademark and “SmartLabels” is a trademark of Seiko Instruments USA Inc. “SII” and “SII” logo are registered trademarks of Seiko Instruments USA Inc. All other brands and trademarks are the property of their respective companies. http://www.siibusinessproducts.com http://www.siibusinessproducts.com http://www.govtech.com

Table of Contents Feed for the Digital Edition of Government Technology - November 2007

Government Technology - November 2007 Contents Point of View Way Back Machine The Last Mile GT Spectrum Big Picture Building Better Government Up Close Inspector Gadget By the Numbers Money Talking No Greenwashing Pinching Pennies Bay Bridge Bustle Two Cents Products Signal: Noise

Government Technology - November 2007

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