WGU - D023: School Financial Leadership
Study online at https://quizlet.com/_8blqqx
1. Funding for public State Constitution
school is directly ad-
dressed in which docu-
ment?
2. Title I Provides federal aid to schools for disadvantaged and low-income children.
3. Local Funding Bond levy funding for construction of a building
4. State Funding Foundational funding provided by formulas to support and equitable per
pupil expenditure level.
5. Education Finance In- distributes federal funds based on a state's effort to provide financial
centive Grant support for education in comparison to its wealth
6. Title II Preparing, Training, and Recruiting Highly Qualified Teachers and Princi-
pals
7. Title III Strengthen institutions: such as Improving EL instruction
8. Title IV Safe and Drug Free Schools: such as Hybrid blended learning
9. Capital Outlay The money put forth to build a building
10. Reserve Fund Money set aside (saved) each year.
11. Bonding The building of school buildings with bond money. Similar to a mortgage.
12. What can school Capital Outlay Projects: buildings, equipment, and construction projects.
bonds be used for?
13. Needs Assessment First step when creating a budget.
14. Which President is as- Lyndon B. Johnson
sociated with: Elemen-
1/7
, WGU - D023: School Financial Leadership
Study online at https://quizlet.com/_8blqqx
tary and Secondary Ed-
ucation Act of 1965
15. Which President is as- Bill Clinton
sociated with: Goals
2000
16. What are some chal- tax base does not support funding needs. Tax payers become overbur-
lenges school districts dened by ever increasing tax rates.
experience due to
their reliance upon
property taxes?
17. Vouchers Payments made to parents or an institution. They come from both public
tax dollars and private revenue sourced.
18. User Fee A charge applied to a student for access to a specific program or resource.
19. Private and Non- This category of nontraditional funding includes grants, gifts, donations,
governmental contri- and in-kind services.
butions
20. Gaming Revenue Funding that comes from lotteries and casinos.
21. Cost-reimbursement Most common type of grant. Schools spends the money first and then is
Grant reimbursed.
22. Fixed Dollar Grants Most often focused on achieving a certain program objective instead of
costs incurred.
23. Equalization Grants provide funding on a per-pupil basis but take into account the wealth and
funds available to a district through local means.
24. Flat Grant
2/7
Study online at https://quizlet.com/_8blqqx
1. Funding for public State Constitution
school is directly ad-
dressed in which docu-
ment?
2. Title I Provides federal aid to schools for disadvantaged and low-income children.
3. Local Funding Bond levy funding for construction of a building
4. State Funding Foundational funding provided by formulas to support and equitable per
pupil expenditure level.
5. Education Finance In- distributes federal funds based on a state's effort to provide financial
centive Grant support for education in comparison to its wealth
6. Title II Preparing, Training, and Recruiting Highly Qualified Teachers and Princi-
pals
7. Title III Strengthen institutions: such as Improving EL instruction
8. Title IV Safe and Drug Free Schools: such as Hybrid blended learning
9. Capital Outlay The money put forth to build a building
10. Reserve Fund Money set aside (saved) each year.
11. Bonding The building of school buildings with bond money. Similar to a mortgage.
12. What can school Capital Outlay Projects: buildings, equipment, and construction projects.
bonds be used for?
13. Needs Assessment First step when creating a budget.
14. Which President is as- Lyndon B. Johnson
sociated with: Elemen-
1/7
, WGU - D023: School Financial Leadership
Study online at https://quizlet.com/_8blqqx
tary and Secondary Ed-
ucation Act of 1965
15. Which President is as- Bill Clinton
sociated with: Goals
2000
16. What are some chal- tax base does not support funding needs. Tax payers become overbur-
lenges school districts dened by ever increasing tax rates.
experience due to
their reliance upon
property taxes?
17. Vouchers Payments made to parents or an institution. They come from both public
tax dollars and private revenue sourced.
18. User Fee A charge applied to a student for access to a specific program or resource.
19. Private and Non- This category of nontraditional funding includes grants, gifts, donations,
governmental contri- and in-kind services.
butions
20. Gaming Revenue Funding that comes from lotteries and casinos.
21. Cost-reimbursement Most common type of grant. Schools spends the money first and then is
Grant reimbursed.
22. Fixed Dollar Grants Most often focused on achieving a certain program objective instead of
costs incurred.
23. Equalization Grants provide funding on a per-pupil basis but take into account the wealth and
funds available to a district through local means.
24. Flat Grant
2/7
