Tax rates are generally based on estimated revenue needed by the district to meet its financial needs. These projections must be:
A) Realistic
B) Made in good faith
C) Needed to meet unexpected needs
D) All but C
Correct Answer:
Verified
Q3: The primary sources of state funding for
Q4: Property taxes are classified as:
A) Value added
B)
Q5: Property taxes are typically calculated in mills.
Q6: The only state that has state-wide funding
Q7: School districts possess:
A) Broad powers to control
Q9: Many states generate funding formulas that subsidize
Q10: State driven equity formulas are:
A) Equal opportunity
Q11: State based adequacy funding focuses on:
A) Minimal
Q12: School finance programs have been challenged under
Q13: Most legal challenges regarding public school funding
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