WGU D023 School Financial Leadership questions and answers 100% correct

1st Development Stage of School Finance - ANSWER-The period of local district financial responsibility, with little or no assistance from the state -used to be local or church -rate bills or tuition -problem in equity 2nd Development Stage of School Finance - ANSWER-The period of emerging state responsibility, with the use of flat grants, subventions, and other nonequalizing state allocations to local districts -state to supplement local tax revenues to provide acceptable programs 3rd Development Stage of School Finance - ANSWER-The emergence of the Strayer-Haig concept of a foundation program (minimum program) -Each local district would levy the amount of local tax that was required in the richest district of the state to provide a foundation, or minimum, program. The rich district would receive no state funds; the other districts would receive state funds necessary to provide the foundation program. 4th Development Stage of School Finance - ANSWER-The period of refinement of the foundation program concept -use of flat grants -question to take money from wealthy districts to equalize