WGU - D023: School Financial Leadership Pre-Assessment| Exam Questions with Correct
Answers 100% Verified By Experts| Latest Update Guaranteed Success
Funding for public school is directly addressed in which document? State Constitution
Title I Provides federal aid to schools for disadvantaged and low-income children.
Local Funding Bond levy funding for construction of a building
State Funding Foundational funding provided by formulas to support and equitable per pupil
expenditure level.
Education Finance Incentive Grant distributes federal funds based on a state's effort to
provide financial support for education in comparison to its wealth
Title II Preparing, Training, and Recruiting Highly Qualified Teachers and Principals
Title III Strengthen institutions: such as Improving EL instruction
Title IV Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay The money put forth to build a building
Reserve Fund Money set aside (saved) each year.
Bonding The building of school buildings with bond money. Similar to a mortgage.
What can school bonds be used for? Capital Outlay Projects: buildings, equipment, and
construction projects.
, Needs Assessment First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of 1965
Lyndon B. Johnson
Which President is associated with: Goals 2000 Bill Clinton
What are some challenges school districts experience due to their reliance upon property
taxes? tax base does not support funding needs. Tax payers become overburdened by ever
increasing tax rates.
Vouchers Payments made to parents or an institution. They come from both public tax
dollars and private revenue sourced.
User Fee A charge applied to a student for access to a specific program or resource.
Private and Nongovernmental contributions This category of nontraditional funding includes
grants, gifts, donations, and in-kind services.
Gaming Revenue Funding that comes from lotteries and casinos.
Cost-reimbursement Grant Most common type of grant. Schools spends the money first and
then is reimbursed.
Fixed Dollar Grants Most often focused on achieving a certain program objective instead of
costs incurred.
Answers 100% Verified By Experts| Latest Update Guaranteed Success
Funding for public school is directly addressed in which document? State Constitution
Title I Provides federal aid to schools for disadvantaged and low-income children.
Local Funding Bond levy funding for construction of a building
State Funding Foundational funding provided by formulas to support and equitable per pupil
expenditure level.
Education Finance Incentive Grant distributes federal funds based on a state's effort to
provide financial support for education in comparison to its wealth
Title II Preparing, Training, and Recruiting Highly Qualified Teachers and Principals
Title III Strengthen institutions: such as Improving EL instruction
Title IV Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay The money put forth to build a building
Reserve Fund Money set aside (saved) each year.
Bonding The building of school buildings with bond money. Similar to a mortgage.
What can school bonds be used for? Capital Outlay Projects: buildings, equipment, and
construction projects.
, Needs Assessment First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of 1965
Lyndon B. Johnson
Which President is associated with: Goals 2000 Bill Clinton
What are some challenges school districts experience due to their reliance upon property
taxes? tax base does not support funding needs. Tax payers become overburdened by ever
increasing tax rates.
Vouchers Payments made to parents or an institution. They come from both public tax
dollars and private revenue sourced.
User Fee A charge applied to a student for access to a specific program or resource.
Private and Nongovernmental contributions This category of nontraditional funding includes
grants, gifts, donations, and in-kind services.
Gaming Revenue Funding that comes from lotteries and casinos.
Cost-reimbursement Grant Most common type of grant. Schools spends the money first and
then is reimbursed.
Fixed Dollar Grants Most often focused on achieving a certain program objective instead of
costs incurred.
