WGU D023 SCHOOL FINANCIAL LEADERSHIP
QUESTIONS AND SOLUTIONS
◉ Title I
Answer: Provides federal aid to schools for disadvantaged and low-
income children.
◉ Local Funding
Answer: Bond levy funding for construction of a building
◉ State Funding
Answer: Foundational funding provided by formulas to support and
equitable per pupil expenditure level.
◉ Education Finance Incentive Grant
Answer: distributes federal funds based on a state's effort to provide
financial support for education in comparison to its wealth
◉ Title II
Answer: Preparing, Training, and Recruiting Highly Qualified
Teachers and Principals
, ◉ Title III
Answer: Strengthen institutions: such as Improving EL instruction
◉ Title IV
Answer: Safe and Drug Free Schools: such as Hybrid blended
learning
◉ Capital Outlay
Answer: The money put forth to build a building
◉ Reserve Fund
Answer: Money set aside (saved) each year.
◉ Bonding
Answer: The building of school buildings with bond money. Similar
to a mortgage.
◉ What can school bonds be used for?
Answer: Capital Outlay Projects: buildings, equipment, and
construction projects.
◉ Needs Assessment
QUESTIONS AND SOLUTIONS
◉ Title I
Answer: Provides federal aid to schools for disadvantaged and low-
income children.
◉ Local Funding
Answer: Bond levy funding for construction of a building
◉ State Funding
Answer: Foundational funding provided by formulas to support and
equitable per pupil expenditure level.
◉ Education Finance Incentive Grant
Answer: distributes federal funds based on a state's effort to provide
financial support for education in comparison to its wealth
◉ Title II
Answer: Preparing, Training, and Recruiting Highly Qualified
Teachers and Principals
, ◉ Title III
Answer: Strengthen institutions: such as Improving EL instruction
◉ Title IV
Answer: Safe and Drug Free Schools: such as Hybrid blended
learning
◉ Capital Outlay
Answer: The money put forth to build a building
◉ Reserve Fund
Answer: Money set aside (saved) each year.
◉ Bonding
Answer: The building of school buildings with bond money. Similar
to a mortgage.
◉ What can school bonds be used for?
Answer: Capital Outlay Projects: buildings, equipment, and
construction projects.
◉ Needs Assessment