WGU - D023: School Financial Leadership /
Strategies Review of Key Quizzes & Correct Answers.Funding for public school is directly addressed in which document? - Answer: State Constitution Title I - Answer: Provides federal aid to schools for disadvantaged and low-income children.
Local Funding - Answer: Bond levy funding for construction of a building
State Funding - Answer: Foundational funding provided by formulas to support and equitable per pupil expenditure level.Education Finance Incentive Grant - Answer: distributes federal funds based on a state's effort to provide financial support for education in comparison to its wealth Title II - Answer: Preparing, Training, and Recruiting Highly Qualified Teachers and Principals Title III - Answer: Strengthen institutions: such as Improving EL instruction Title IV - Answer: Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay - Answer: The money put forth to build a building
Reserve Fund - Answer: Money set aside (saved) each year. 1 / 2
Bonding - Answer: The building of school buildings with bond money. Similar to a mortgage.What can school bonds be used for? - Answer: Capital Outlay Projects: buildings, equipment, and construction projects.
Needs Assessment - Answer: First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of 1965 - Answer: Lyndon B. Johnson Which President is associated with: Goals 2000 - Answer: Bill Clinton What are some challenges school districts experience due to their reliance upon property taxes?
- Answer: tax base does not support funding needs. Tax payers become overburdened by ever
- / 2
increasing tax rates.Vouchers - Answer: Payments made to parents or an institution. They come from both public tax dollars and private revenue sourced.User Fee - Answer: A charge applied to a student for access to a specific program or resource.Private and Nongovernmental contributions - Answer: This category of nontraditional funding includes grants, gifts, donations, and in-kind services.Gaming Revenue - Answer: Funding that comes from lotteries and casinos.