D023 School Financial Leadership Questions & Answers (2023/2024)(Verified Answers)

D023 SCHOOL FINANCIAL LEADERSHIP QUESTIONS & ANSWERS (2023/2024)(VERIFIED ANSWERS) 7 Developmental stages of school finance - ANSWER 1. local responsibility. 2. early grants and allocations (elwood Cubberly) 3. Emergency of the Foundation program (minimum program) (Strayer-Haig) 4. Refinement of the foundation program (Paul Mort)--flat grants 5. Power equalization-basic program 6. Shift of emphasis and influence, special needs funding 7. Focus on adequacy 1989 Progression of school finance - ANSWER ~early days--funded totally from local community ~church was school M-F ~local schools built using local tax $ ~Delaware-1st state to use state revenue to build school ~60's & 70's fed laws provide oversite. Title funding ~80's US Dept of Ed became cabinet ~2012 Fed funding still a minority value Sources of Funding ESTUDY - ANSWER Federal- Title I, II, III via ESEA State- formula funding for equitable pupil spending Local-bond levy funding for buildings ESEA (1965) - ANSWER Elementary and Secondary Education Act Emphasizes equal access to education and establishes high standards and accountability. The law authorizes federally funded education programs that are administered by the states. In 2002, Congress amended ESEA and reauthorized it as the No Child Left Behind Act (NCLB). Every Child Succeeds Act - ANSWER 2014 Obama gave flexibility through waivers for agreement on 4 principles 1. common core 2. state - developed differentiated recognition 3. accountability-recognize student gain 4. support Title 1 - ANSWER Provided direct funding for schools with high populations of students from low-income families in the form of additional personnel, materials, and professional development for teachers.