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WGU D023 SCHOOL FINANCIAL LEADERSHIP FINAL SCRIPT 2026 PRACTICE SOLUTIONS GRADED A+

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WGU D023 SCHOOL FINANCIAL LEADERSHIP FINAL SCRIPT 2026 PRACTICE SOLUTIONS GRADED A+

Institution
WGU D023
Course
WGU D023

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WGU D023 SCHOOL FINANCIAL
LEADERSHIP FINAL SCRIPT 2026
PRACTICE SOLUTIONS GRADED A+

⩥ open-ended, or shared-cost, equalization plan.
Answer: the percentage of this program to be paid by each individual
district and by the state. This percentage of state funds would be high for
poor districts and low for wealthier ones. Once that determination has
been made for each district, the same partnership ratio would be
maintained to pay the total cost of the school program in each district
-Harlan Updegraff


⩥ Foundational funding.
Answer: The state provides a minimal level of funding as a guarantee
per student expenditure. The intent of this system is to counteract the
disparity of wealth across various districts of a state.


⩥ Common School Era.
Answer: Local school districts were formed to support the education of
the local population, many of whom were the children of immigrants. In
order to accommodate this influx of educational need with limited
personal resources, local property taxes became mandated to support
public schools.

,⩥ Early Colonial Schooling.
Answer: Funded through tuition or rate changes, primarily as a funding
of the local community or church of that community.


⩥ What is meant by pupil expenditure?.
Answer: The pupil expenditure is the total expense accounted for by that
specific student. For example, this funding amount includes but is not
limited to: personnel expenses (salary, benefits, and other human
resource expenses), transportation costs (gas, busses, oil, personnel),
facility expenses (building construction, maintenance, utilities,
insurance), and instructional resources (books, supplies, technology,
materials). The amount of this pupil expenditure will vary as the cost of
living changes for the location, but in many states the "foundational per
pupil expenditure" is a guaranteed amount per pupil. In instances where
the local funding is insufficient, it is supplemented by the state.


⩥ Federal Funding.
Answer: Federal aid continues to be provided in the form of categorical
aid. Yet, it may be time for a larger federal role in financing schools. The
largest and most visible categorical federal assistance programs are
ESEA and IDEA. Also, Raced to the Top has garnered federal aid as a
key initiative in the Obama administration. Federal lands have provided
funds for localities in the form of payments in lieu of taxes.


⩥ State Funding.

,Answer: Equalization aid is the chief method states use to distribute
funding to local school districts within their borders using a foundation
program or district power equalization


⩥ Local Funding.
Answer: property taxes


⩥ ESEA/ESSA through funding.
Answer: Title 1, Part A, of the ESEA, reauthorized in 2001, (often called
the No Child Left Behind Act) authorizes federal aid to disadvantaged
and low-income children for supplementary education and related
services.


⩥ Title I Funding.
Answer: authorized federal aid to local school districts for the education
of disadvantaged and low-income children for supplementary education
and related services.
-four separate formulas that distribute funds to states and local school
districts: Basic, Concentration, Targeted, and Education Finance
Incentive Grant (EFIG)
-held accountable (Highly qualified teachers, CCSS,
performance/assessment standards)
Obama-student gain scores


⩥ Title II Funding.

, Answer: teacher and principal training and recruiting fund


⩥ Title III Funding.
Answer: helps eligible IHEs to become self-sufficient and expand their
capacity to serve low-income students by providing funds to improve
and strengthen the academic quality, institutional management, and
fiscal stability of eligible institutions.


⩥ Title IV Funding.
Answer: safe and drug free school


⩥ IDEA.
Answer: -It serves as both a civil rights statue and a grant formula that
funds a free and appropriate public education (FAPE) for children with
disabilities who comprise 12.18 percent of the total public school
enrollment.
-FAPE- for kids 3-21
Education
-must be based on an individualized education plan (IEP) delivered in
the least restrictive environment.


⩥ Race to the Top Program.
Answer: A competitive program launched by the Obama administration
to provide funding to states that have developed innovative reforms to

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