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Managing National Lottery Distribution Fund Balances Hc 875,Session 2003-2004

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ISBN-10: 010292919X

ISBN-13: 9780102929195

Edition: 2004

Authors: Comptroller and Auditor General Staff Great Britain, National Audit Office Great Britain

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Description:

Since its launch in November 1994, the National Lottery has raised over £15 billion for the arts, sport, charities and other good causes. However, a DCMS report, published in July 2003, highlighted concerns about the amount of lottery money which had yet to be distributed. In light of these concerns, this NAO report examines the management of National Lottery Distribution Fund balances, focusing on: how the balances built up and what has been done to reduce them; whether there is scope for the distributors to take action to reduce their balances further; and the uncertainties and risks the distributors face in managing their balances. The report finds that while money is in the Distribution…    
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Book details

Copyright year: 2004
Publisher: Stationery Office, The
Binding: Paperback
Pages: 39
Size: 11.81" long
Language: English