1|Page
D023 SCHOOL FINANCIAL LEADERSHIP 2025| BRAND
NEW ACTUAL EXAM WITH 100% VERIFIED
QUESTIONS AND CORRECT SOLUTIONS|
GUARANTEED VALUE PACK| ACE YOUR GRADES.
School funding from origination to today's schools has shifted from being almost
entirely locally funded to being a more equal responsibility between the local and
state governments, with only a limited amount of federal support. -
(answers)True
Funding for public schools is directly addressed in which document? -
(answers)state constitutuion
What type of federal aid is provided by the Elementary and Secondary Education
Act (ESEA) reauthorization of 2001 (Title 1, Part A)? - (answers)It provides federal
aid to local school districts for the education of disadvantaged and low-income
children.
Title I, II, or III funding via ESEA to support underprivileged students and the
closure of the achievement gap- - (answers)True
Bond levy funding for construction of a building - (answers)Local funding
Foundational funding provided by formula to support an equitable per pupil
expenditure level - (answers)state funding
,2|Page
Federal support of school is limited to ESEA, Title I, II, and III, and is purposed to
support instructional improvement. - (answers)False
Federal funds are automatically provided to schools that qualify for federal
funding. - (answers)False
Schools that have a student population of at least 40 percent low-income
students and receive Title I funds may use these funds to benefit the instructional
program of the whole school. - (answers)True
Under Title I, local educational agencies (LEAs) are required to provide services for
both private school students and public school students who are eligible. -
(answers)True
Which statutory formula distributes federal funds based on a state's effort to
provide financial support for education in comparison to its wealth?- -
(answers)Education Finance Incentive Grant
Local educational agencies target the Title I funds they receive to schools with the
highest percentages of children with learning disabilities. - (answers)False
It is an appropriate practice for a school principal to use funds from a school
technology grant to fund a local school field trip to the zoo because the funds are
still being used for an educational purpose. - (answers)False
, 3|Page
One key equity problem with school bonds is that they are closely tied to property
wealth. - (answers)True
If a school district wants to generate funds to raise teacher salaries and buy new
textbooks, it would need to request that taxpayers vote on a school bond. -
(answers)False
Which type of tax still constitutes most of the tax revenue for local schools today?
- (answers)Property tax
One way of engaging school stakeholders (community members, parents,
students, etc.) in the budgeting process is to be very selective in information
shared with them related to school budget practices. - (answers)False
creating a budget draft is the first step stakeholders must consider when creating
a budget. - (answers)False
Elementary and Secondary Education Act of 1965- - (answers)Lyndon B Johnson
goals 2000 - (answers)Bill Clinton
No Child Left Behind- - (answers)George W. Bush
D023 SCHOOL FINANCIAL LEADERSHIP 2025| BRAND
NEW ACTUAL EXAM WITH 100% VERIFIED
QUESTIONS AND CORRECT SOLUTIONS|
GUARANTEED VALUE PACK| ACE YOUR GRADES.
School funding from origination to today's schools has shifted from being almost
entirely locally funded to being a more equal responsibility between the local and
state governments, with only a limited amount of federal support. -
(answers)True
Funding for public schools is directly addressed in which document? -
(answers)state constitutuion
What type of federal aid is provided by the Elementary and Secondary Education
Act (ESEA) reauthorization of 2001 (Title 1, Part A)? - (answers)It provides federal
aid to local school districts for the education of disadvantaged and low-income
children.
Title I, II, or III funding via ESEA to support underprivileged students and the
closure of the achievement gap- - (answers)True
Bond levy funding for construction of a building - (answers)Local funding
Foundational funding provided by formula to support an equitable per pupil
expenditure level - (answers)state funding
,2|Page
Federal support of school is limited to ESEA, Title I, II, and III, and is purposed to
support instructional improvement. - (answers)False
Federal funds are automatically provided to schools that qualify for federal
funding. - (answers)False
Schools that have a student population of at least 40 percent low-income
students and receive Title I funds may use these funds to benefit the instructional
program of the whole school. - (answers)True
Under Title I, local educational agencies (LEAs) are required to provide services for
both private school students and public school students who are eligible. -
(answers)True
Which statutory formula distributes federal funds based on a state's effort to
provide financial support for education in comparison to its wealth?- -
(answers)Education Finance Incentive Grant
Local educational agencies target the Title I funds they receive to schools with the
highest percentages of children with learning disabilities. - (answers)False
It is an appropriate practice for a school principal to use funds from a school
technology grant to fund a local school field trip to the zoo because the funds are
still being used for an educational purpose. - (answers)False
, 3|Page
One key equity problem with school bonds is that they are closely tied to property
wealth. - (answers)True
If a school district wants to generate funds to raise teacher salaries and buy new
textbooks, it would need to request that taxpayers vote on a school bond. -
(answers)False
Which type of tax still constitutes most of the tax revenue for local schools today?
- (answers)Property tax
One way of engaging school stakeholders (community members, parents,
students, etc.) in the budgeting process is to be very selective in information
shared with them related to school budget practices. - (answers)False
creating a budget draft is the first step stakeholders must consider when creating
a budget. - (answers)False
Elementary and Secondary Education Act of 1965- - (answers)Lyndon B Johnson
goals 2000 - (answers)Bill Clinton
No Child Left Behind- - (answers)George W. Bush
