CPACE 256 Exam Study Guide Questions with Complete Solutions 100% Verified Correct Answers What are categorical funds? - Correct Answer 1. Restricted funds for specific purposes only.
- State - Title I, Federal Government, child nutrition
- Resource
- Project Year
- Goal
- Function
- Object
- Account group
School Site Council - Correct Answer -principal is member -50/50 between parents and employees -does not vote on federal/state budgets Define "audit" and state what information an audit provides about school district funds. - Correct Answer An audit is an examination of documents, records and accounts.Confirms the fund balances as well as their distribution among restricted and unrestricted funds.What are the seven fields that must be included in the account codes of the CA School Accounting Manual? - Correct Answer 1. Fund
What is zero-based budgeting? (ZBB) - Correct Answer -builds from the bottom up -administrators programs annually
-cardinal principal: "nothing is sacred"
-objective is to force a rigorous evaluation of all programs -administrator is asked to justify for the financial resources requested to meet program goals SB90 - Correct Answer -sets the maximum amount to be spent -created a ceiling 1 / 4
What is the major requirement of the California Master Plan for Special Education? (SB1870) - Correct Answer -FAFE through age 21 -assessment -IEP -LRE -pre-screenings Proposition 98 - Correct Answer -set a minimum for school spending -set the foundation at about 40% to be the minimum reserve from the state's budget -created the School Accountability Report Card How do the economic and cultural conditions of students affect their educational attainment and how does this relationship impact school funding? - Correct Answer it doesn't level the playing field Who prescribes the areas into which a budget is organized? - Correct Answer The California Department of Education has responsibility for developing paper forms and procedures for school district accounting What besides food and personnel are legitimate costs of the food program? - Correct Answer 1.Cleanliness
- pest control
- to have them influence the children
- pays to have staff close by in case of an emergency
- or recorded in minutes
- receive prior approval
- should be used to benefit students who are currently active members of student organizations and
utilities cost What are some reasons to have the staff eat in the cafeteria? - Correct Answer 1. to generate revenue
What safeguards must be in place before student body fund monies may be expended? - Correct Answer - must be approved in budget
have assisted in generating such funds 2 / 4
What are the major categories of service for Spec Ed students and what % of students is served in each of these 5 options? - Correct Answer 1. Designated Instruction Service (APE, Speech, OT)
2. RSP
3. SDC
- Non-public schools (NPS)
- Residential Schools in Utah, Texas (we ships the kids outta state)
- payments toward retirement of long-term debt
- Capital Outlay for long-term assets such as land, buildings, and equipment
- the major factor that determines it is the ADA (Average Daily Attendance)
- benefits ->what fringe benefits to provide
- salary adjustments for employees
- new instructional programs
- maintenance of facilities
- textbooks, materials, resources
- construction of new schools
- an agency designed to assist districts with their financial and management responsibilities
- a team sent out to help straighten out a negative budget
- help with management issues, do fiscal staff developments, website resources, management
The three types of major school expenditures are: - Correct Answer 1. Operating costs
What is the major portion of a district's income and what is the major factor that determines how much a district gets? - Correct Answer 1. major portion of each district's income is its "revenue limit"
What are some of the budget decisions that must be made every year? - Correct Answer - staffing - >hiring, replacing
What is the FCMAT and why is it established? - Correct Answer - SWAT team for a budget
studioes, help districts achieve fiscal stability What are the two highest funded programs through federal categorical aid? - Correct Answer Title I - > students living in poverty 3 / 4
Title II -> improving teacher and administrator quality What di Prop 13 do? - Correct Answer shifted control from local to state government What are some aspects of the voucher/choice/privatization issue? - Correct Answer - it involves issuance of a document entitling the student to schooling of family preference
- Advantage: families have a choice
-Disadvantage: would take away financial support for PE
When was the school breakfast program (SBP) established and what is the participation in it by students in California? - Correct Answer -> established in 1966 by congress to help ease morning hunger -> open to all students, those who qualify for the free or reduced lunch qualify for breakfast as well -> funded by the state What must a district do on both of these dates: Oct 31 and Jan 31? To whom does this information go and what are the three types of responses? - Correct Answer - district files and submits Interim Financial Report with COE, SPI and SC
Three responses:
- Positive -> district has sufficient resources to meet obligations
- Qualified -> may have sufficient resources to meet obligations, some concerns need to be checked
- Negative -> no sufficient funds and budget is no good
- use it to predict budget needs for the upcoming school year
- account for repairs efficiently
- Special Ed, Transportation, food services
- / 4
What is a "work order" and what are the advantages of using such system? - Correct Answer - use a computer to track where the majority of the repairs are going
What is meant by encroachment and in what three programs does it occur? - Correct Answer - when a program spends more money than what it is entitled or generated to spend
California's school finance system is largely controlled by... - Correct Answer the legislature. Then the governor approves