WGU D023 SCHOOL FINANCIAL LEADERSHIP
COMPREHENSIVE STUDY GUIDE
◉ Early Colonial Schooling.
Answer: Funded through tuition or rate changes, primarily as a
funding of the local community or church of that community.
◉ Funding for public schools is directly addressed in which
document?.
Answer: State Constitution
-The funding and operation of public schools is directly addressed in
each state's constitution. Access to education and the quality are
different depending upon how the state defines its language. For
example, a "right" to education is different than a "goal" to educate
all citizens. A "right" provides grounds for equity and equality
litigation while a "goal" may provide more flexibility in disparity.
◉ 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.
◉ Financial disparity.
Answer:
◉ Financial adequacy.
Answer:
◉ Financial productivity.
Answer:
◉ 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.
COMPREHENSIVE STUDY GUIDE
◉ Early Colonial Schooling.
Answer: Funded through tuition or rate changes, primarily as a
funding of the local community or church of that community.
◉ Funding for public schools is directly addressed in which
document?.
Answer: State Constitution
-The funding and operation of public schools is directly addressed in
each state's constitution. Access to education and the quality are
different depending upon how the state defines its language. For
example, a "right" to education is different than a "goal" to educate
all citizens. A "right" provides grounds for equity and equality
litigation while a "goal" may provide more flexibility in disparity.
◉ 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.
◉ Financial disparity.
Answer:
◉ Financial adequacy.
Answer:
◉ Financial productivity.
Answer:
◉ 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.
