1. Finance Division Presentation to California State Lottery Commission April 26, 2012 Director’s Report 6F

2. Finance Division Division Overview Organizational Chart Specific Functions Fiscal Year 2012-13 Budget

3. BUDGETS Faye Skoglund, Budget Manager Develop Lottery Budget Administer Lottery Budget During the Year r DEPUTY DIRECTOR Michael Ota FINANCIAL REPORTING BRANCH Corey Chappell, Manager / Investment Officer PRIZE PAYMENTS April Edwards, Supervisor Initiate Payment of Lottery Prizes Record Retailer Adjustments Analyze New Games / Promotions ACCOUNTING OPERATIONS & PRIZE PAYMENTS BRANCH Ginger Tyler, Manager ACCOUNTING OPERATIONS Angel Hall, Supervisor Manage: Accounts Payable Accounts Receivable Cash Receipts / Disbursements Office Revolving Fund Payroll Warrant Distribution Travel Expense Claims / Policy Tax Reporting REVENUE COLLECTIONS Michelle Rhea, Supervisor Collect Revenues From Retailers Respond to Retailer Inquiries Financially Approve Retailers for Inclusion into the Lottery Retailer Network FORECASTING Dan Kadell, Research Specialist Forecast Sales for Setting Jackpot Amounts for On-line Games FINANCIAL STATEMENTS & GAME ACCOUNTING Monica Johnson, Supervisor Prepare Financial Statements Initiate Quarterly Transfers to Education Perform Fixed Assets Accounting Perform Game Accounting Prepare Sales Reports INVESTMENTS Vacant, Accounting Specialist Manage Investment Portfolio Finance Annuity Jackpots Initiate Payments to "Annuity Winners“ Alternative Collections FINANCIAL REPORTING Cheryl Walls, Accounting Specialist Prepare Financial Statements Research / Analyze Governmental Accounting Principles & Standards Perform Game Accounting CHIEF OF ACCOUNTING Meggie Chan Provide Leadership over all Accounting Functions: Accounting Operations / Prize Payments Branch Financial Reporting Branch FINANCE DIVISION

4. Accounting Operations A NGEL H ALL, S UPERVISOR Manage: Accounts Payable Accounts Receivable Cash Receipts / Disbursements Office Revolving Fund Payroll Warrant Distribution Travel Expense Claims / Policy Tax Reporting

5. Prize Payments A PRIL E DWARDS, S UPERVISOR Initiate Payment of Lottery Prizes Record Retailer Adjustments Analyze New Games / Promotions

6. Financial Statements & Game Accounting M ONICA J OHNSON, S UPERVISOR Prepare Financial Statements Initiate Quarterly Transfers to Education Perform Fixed Assets Accounting Perform Game Accounting Prepare Sales Report

7. Investments V ACANT, A CCOUNTING S PECIALIST Manage Investment Portfolio Finance Annuity Jackpots Initiate Payments to “Annuity Winners” Alternative Collections

8. Financial Reporting C HERYL W ALLS, A CCOUNTING S PECIALIST Prepare Financial Statements Research / Analyze Governmental Accounting Principles & Standards Perform Game Accounting

9. Forecasting D AN K ADELL, R ESEARCH S PECIALIST Forecast Sales for Setting Jackpot Amounts for On-line Games

10. Budgets F AYE S KOGLUND, B UDGET M ANAGER Develop Lottery Budget Administer Lottery Budget During the Year

11. Revenue Collections M ICHELLE R HEA, S UPERVISOR Collect Revenues from Retailers Respond to Retailer Inquiries Financially Approve Retailers for Inclusion into the Lottery Retailer Network

12. FY 2012-13 Budget Development S TATUS /P LAN : A PRIL –Evaluating Business Plan Proposals and Base Budget Augmentations M AY –Present Business Plan Initiatives and Sales Goals to Commission J UNE –Present Proposed Budget to Commission