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The 172nd Idaho Lottery Commission meeting teleconference was held on Thursday June 28, 2012, at 10:00 a.m. at the Idaho Lottery Commission, Boise, Idaho, 83702.
Chairman, Roger Jones
Commissioners Present via Teleconference:
Commissioner, Mel Fisher;
Commissioner, David Keyes
Commissioner, Jim Rehder
Commissioner, Craig Corbett
Lottery Staff Present:
Director, Jeffrey Anderson;
Chief Operating Officer, Becky Schroeder;
Deputy Director of Marketing, Sherie MoodySt. Clair
Management Assistant, Jennifer QuinnoMiller;
Chief Financial Officer, Jay Prickett
1. MEETING CALLED TO ORDER:
Meeting called to order by Chairman Jones at 10:00 a.m.
2. APPROVAL OF THE DECLARATION OF THE FISCAL YEAR ’12 DIDVIDEND:
Director Anderson presented the Idaho Lottery Income and Expense Projection for Fiscal Year 2012 to the Commission recommending that they approve the declaration of a dividend in the amount of $41,500,000.
Commissioner Fisher moved to declare the dividend amount to be $41,500,000. Commissioner Keyes seconded the motion. With the vote being unanimous in favor of the declaration, the dividend was declared to be $41,500,000.
Director Anderson reminded the Commission that the check presentation to the Governor would be held on July 24, 2012 at 10:00 AM at the Capitol Annex with the regular Commission Meeting to follow.
There being no other business to discuss, Commissioner Fisher moved to adjourn the meeting. Seconded by Commissioner Keyes and the vote being unanimous, the meeting was adjourned.
I hereby certify that the foregoing minutes are a true and correct record of the actions and decisions made by the Lottery Commission on June 28, 2012.
Jeffrey R. Anderson