WGU D023 SCHOOL FINANCIAL
LEADERSHIP EXAM PREP TEST BANK
VERIFIED QUESTIONS AND CORRECT
ANSWERS
●● 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
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.
~largest federal assistance program
●● 4 formulas for title I (grants)
Answer: 1. basic-largest part of funding. <10 and +2% of LEA
population
2. concentration-smallest of grants. 15% of 5-17 population or +6500
students
, 3. targeted- goes to dist w/highest % of formula eligible children
4. EFIG(Ed finance incentive)-based on efforts to give support based on
wealth and per capita income & degree to which ed expenditures w/in
state are equalized
●● Title I
Answer: Must have HQ teachers, alignment of standards, action for low-
performing schools and districts
must have student assessments, determine ayp, report cards
●● Title 1-student requirements
Answer: assess in grades 3-8 for reading/math & science in 3 levels
assessment results given before start of school year
every 2 years, participate in NAEP in 4th and 8th for reading and math
results to parents via reports cards for testing
sanctions for failing to meet AYP for 2 years in a row
●● Title II-Teacher and Principal training &recruiting fund
LEADERSHIP EXAM PREP TEST BANK
VERIFIED QUESTIONS AND CORRECT
ANSWERS
●● 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
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.
~largest federal assistance program
●● 4 formulas for title I (grants)
Answer: 1. basic-largest part of funding. <10 and +2% of LEA
population
2. concentration-smallest of grants. 15% of 5-17 population or +6500
students
, 3. targeted- goes to dist w/highest % of formula eligible children
4. EFIG(Ed finance incentive)-based on efforts to give support based on
wealth and per capita income & degree to which ed expenditures w/in
state are equalized
●● Title I
Answer: Must have HQ teachers, alignment of standards, action for low-
performing schools and districts
must have student assessments, determine ayp, report cards
●● Title 1-student requirements
Answer: assess in grades 3-8 for reading/math & science in 3 levels
assessment results given before start of school year
every 2 years, participate in NAEP in 4th and 8th for reading and math
results to parents via reports cards for testing
sanctions for failing to meet AYP for 2 years in a row
●● Title II-Teacher and Principal training &recruiting fund
