D023 SCHOOL FINANCIAL LEADERSHIP BRAND NEW ACTUAL EXAM WITH 100- VERIFIED QUESTIONS AND CORRECT SOLUTIONS

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D023 SCHOOL FINANCIAL LEADERSHIP 2025-
2026 BRAND NEW ACTUAL EXAM WITH 100%
VERIFIED QUESTIONS AND CORRECT
SOLUTIONS


7 Developmental stages of school finance - ANSWERS_1. local
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responsibility.
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2. early grants and allocations (elwood Cubberly)
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3. Emergency of the Foundation program (minimum | | | | |



program) (Strayer-Haig)
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4. Refinement of the foundation program (Paul Mort)--flat
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grants
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5. Power equalization-basic program
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6. Shift of emphasis and influence, special needs funding
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7. Focus on adequacy 1989
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Progression of school finance - ANSWERS_~early days-- funded
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totally from local community
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~church was school M-F
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~local schools built using local tax $
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~Delaware-1st state to use state revenue to build school| | | | | | | |

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~60's & 70's fed laws provide oversite. Title funding
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~80's US Dept of Ed became cabinet
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~2012 Fed funding still a minority value
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Sources of Funding - ANSWERS_Federal- Title I, II, III via ESEA
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State- formula funding for equitable pupil spending
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Local-bond levy funding for buildings | | | |




ESEA (1965) - ANSWERS_Elementary and Secondary
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Education Act Emphasizes equal access to education and
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establishes high standards and accountability. The law
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authorizes federally funded education programs that are
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administered by the states. In 2002, Congress amended ESEA
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and reauthorized it as the No Child Left Behind Act (NCLB).
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Every Child Succeeds Act - ANSWERS_2014 Obama gave
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flexibility through waivers for agreement on 4 principles
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1. common core |




2. state - developed differentiated recognition
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3. accountability-recognize student gain | |




4. support


Title 1 - ANSWERS_Provided direct funding for schools with
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high populations of students from low-income families in the
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form of additional personnel, materials, and professional
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development for teachers.
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~largest federal assistance program | | |




4 formulas for title I (grants) - ANSWERS_1. basic-largest part
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of funding. <10 and +2% of LEA population
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2. concentration-smallest of grants. 15% of 5-17 population | | | | | |



or +6500 students
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3. targeted- goes to dist w/highest % of formula eligible | | | | | | | |



children
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4. EFIG(Ed finance incentive)-based on efforts to give support
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based on wealth and per capita income & degree to which ed
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expenditures w/in state are equalized
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Title I - ANSWERS_Must have HQ teachers, alignment of
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standards, action for low-performing schools and districts
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must have student assessments, determine ayp, report cards
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Title 1-student requirements - ANSWERS_assess in grades 3-8
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for reading/math & science in 3 levels
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assessment results given before start of school year | | | | | | |