WGU - D023: School Financial Leadership Pre-Assessment
2023 Questions with all the correct answers
Funding for public school is directly addressed in which document?
State Constitution
Title I
Provides federal aid to schools for disadvantaged and low-income children.
Local Funding
Bond levy funding for construction of a building
State Funding
Foundational funding provided by formulas to support and equitable per pupil
expenditure level.
Education Finance Incentive Grant
distributes federal funds based on a state's effort to provide financial support for
education in comparison to its wealth
Title II
Preparing, Training, and Recruiting Highly Qualified Teachers and Principals
Title III
Strengthen institutions: such as Improving EL instruction
Title IV
Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay
The money put forth to build a building
Reserve Fund
Money set aside (saved) each year.
Bonding
The building of school buildings with bond money. Similar to a mortgage.
What can school bonds be used for?
Capital Outlay Projects: buildings, equipment, and construction projects.
Needs Assessment
First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of
1965
Lyndon B. Johnson
Which President is associated with: Goals 2000
Bill Clinton
What are some challenges school districts experience due to their reliance upon
property taxes?
tax base does not support funding needs. Tax payers become overburdened by ever
increasing tax rates.
Vouchers
Payments made to parents or an institution. They come from both public tax dollars and
private revenue sourced.
User Fee
A charge applied to a student for access to a specific program or resource.
2023 Questions with all the correct answers
Funding for public school is directly addressed in which document?
State Constitution
Title I
Provides federal aid to schools for disadvantaged and low-income children.
Local Funding
Bond levy funding for construction of a building
State Funding
Foundational funding provided by formulas to support and equitable per pupil
expenditure level.
Education Finance Incentive Grant
distributes federal funds based on a state's effort to provide financial support for
education in comparison to its wealth
Title II
Preparing, Training, and Recruiting Highly Qualified Teachers and Principals
Title III
Strengthen institutions: such as Improving EL instruction
Title IV
Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay
The money put forth to build a building
Reserve Fund
Money set aside (saved) each year.
Bonding
The building of school buildings with bond money. Similar to a mortgage.
What can school bonds be used for?
Capital Outlay Projects: buildings, equipment, and construction projects.
Needs Assessment
First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of
1965
Lyndon B. Johnson
Which President is associated with: Goals 2000
Bill Clinton
What are some challenges school districts experience due to their reliance upon
property taxes?
tax base does not support funding needs. Tax payers become overburdened by ever
increasing tax rates.
Vouchers
Payments made to parents or an institution. They come from both public tax dollars and
private revenue sourced.
User Fee
A charge applied to a student for access to a specific program or resource.
