WGU D023 SCHOOL OF FINANCIAL LEADERSHIP
QUESTIONS AND A+ GRADED ANSWERS 2025
Ans The building of school buildings with bond money. Similar to a mortgage.
What can school bonds be used for? -
Ans Capital Outlay Projects: buildings, equipment, and construction projects.
Needs Assessment -
Ans First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of 1965 -
Ans Lyndon B. Johnson
Which President is associated with: Goals 2000 -
Ans Bill Clinton
What are some challenges school districts experience due to their reliance upon
property taxes? -
Ans tax base does not support funding needs. Tax payers become overburdened by
ever increasing tax rates.
Vouchers -
Ans Payments made to parents or an institution. They come from both public tax
dollars and private revenue sourced.
User Fee -
Ans A charge applied to a student for access to a specific program or resource.
Private and Nongovernmental contributions -
, Ans This category of nontraditional funding includes grants, gifts, donations, and in-kind
services.
Gaming Revenue -
Ans Funding that comes from lotteries and casinos.
Funding for public school is directly addressed in which document? -
Ans State Constitution
Title I -
Ans Provides federal aid to schools for disadvantaged and low-income children.
Local Funding -
Ans Bond levy funding for construction of a building
State Funding -
Ans Foundational funding provided by formulas to support and equitable per pupil
expenditure level.
Education Finance Incentive Grant -
Ans distributes federal funds based on a state's effort to provide financial support for
education in comparison to its wealth
Title II -
Ans Preparing, Training, and Recruiting Highly Qualified Teachers and Principals
Title III -
Ans Strengthen institutions: such as Improving EL instruction
Title IV -
Ans Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay -
Ans The money put forth to build a building
Reserve Fund -
QUESTIONS AND A+ GRADED ANSWERS 2025
Ans The building of school buildings with bond money. Similar to a mortgage.
What can school bonds be used for? -
Ans Capital Outlay Projects: buildings, equipment, and construction projects.
Needs Assessment -
Ans First step when creating a budget.
Which President is associated with: Elementary and Secondary Education Act of 1965 -
Ans Lyndon B. Johnson
Which President is associated with: Goals 2000 -
Ans Bill Clinton
What are some challenges school districts experience due to their reliance upon
property taxes? -
Ans tax base does not support funding needs. Tax payers become overburdened by
ever increasing tax rates.
Vouchers -
Ans Payments made to parents or an institution. They come from both public tax
dollars and private revenue sourced.
User Fee -
Ans A charge applied to a student for access to a specific program or resource.
Private and Nongovernmental contributions -
, Ans This category of nontraditional funding includes grants, gifts, donations, and in-kind
services.
Gaming Revenue -
Ans Funding that comes from lotteries and casinos.
Funding for public school is directly addressed in which document? -
Ans State Constitution
Title I -
Ans Provides federal aid to schools for disadvantaged and low-income children.
Local Funding -
Ans Bond levy funding for construction of a building
State Funding -
Ans Foundational funding provided by formulas to support and equitable per pupil
expenditure level.
Education Finance Incentive Grant -
Ans distributes federal funds based on a state's effort to provide financial support for
education in comparison to its wealth
Title II -
Ans Preparing, Training, and Recruiting Highly Qualified Teachers and Principals
Title III -
Ans Strengthen institutions: such as Improving EL instruction
Title IV -
Ans Safe and Drug Free Schools: such as Hybrid blended learning
Capital Outlay -
Ans The money put forth to build a building
Reserve Fund -
