The courts, including the U.S. Supreme Court, have repeatedly disallowed direct state financial support to private and parochial schools. Congress and state legislatures have been allowed, however, to provide funds if certain conditions are met. Which of the following is included in the Lemon case dealing with funds for private/parochial schools?
The accumulation of tax funds to be held in reserve for future building needs has been practiced in a few states; in some others, it is illegal. Identify which of the following statements would be among the legitimate objections to this process.
Pay-As-You-Go Financing has proven for some school districts to be an ideal way to finance capital outlays. Which of the following is included in the advantages of using this approach?
There is no point in state equalization of current expenditure funds if some local districts cannot provide the funds to build adequate facilities for school programs. There is not complete equity in financing education if a wealthy school district can provide luxurious buildings and facilities with very little tax effort at the same time that property-poor districts cannot provide minimum or acceptable facilities even with tremendous effort.
The First Amendment is often referred to as the due process amendment?
Select the following characteristic that would accurately reflect the changes taking place regarding the funding of capital outlays for school facilities.
States have done little to help finance local public school capital outlays until the second quarter of the twentieth century. At various times the effort has been enthusiastic, but at other times denial of responsibility has been evident. Which of the following is NOT included in state efforts to seek solutions to the dilemma of capital outlay funding?
Indicate in which of the following states the U. S. Supreme Court approved taxpayers to provide free text books.
The property tax may once have been a reasonable and fair measure of taxpaying ability for capital outlay, but it is not so today.
An often suggested solution to the choice issue is that of providing vouchers. From the following, select the statement that is considered to be an advantage of using vouchers:
School districts must issue bonds in registered form and keep recorded of the owners’ names, addresses, and social security numbers. This requirement comes as a result of the Tax Equity and Fiscal Responsibilities Act (TEFRA).
Which of the following court cases did not involve prayer in public schools?
Which of the following arguments is included in the reasons opponents are against direct aid to nonpublic schools?
Which of the following is an accurate description of each kind of bond?
One of the major factors that has restrained many districts from needed construction has been the high assessment of their taxable value.
Those who support direct public aid to nonpublic schools argue that tremendous adverse impact on funding would result if private or parochial schools did not absorb the cost of the approximately 11 percent of the K-12 students that attend nonpublic schools.
Which of the following is included among the practical guidelines for amortizing bond issues?
One of the early traditions from our country’s educational past has been the practice of funding capital outlays completely from local sources. This approach of relying exclusively on local funds for capital outlay and debt service has been replaced with more equitable measures. Identify which of the following would be included in the changes that have occurred in school finance theory regarding the funding of facilities:
The advantages of refunding or refinancing outstanding bonds is that interest rates are usually lower which results in lower payments and the freeing up of capital for other needed projects.
A big factor working against local responsibility for building school facilities has been the low assessed valuations in thousands of small school districts. Regardless of the statutes and the willingness of people to tax themselves, bonding small to build school buildings in small districts was often mathematically impossible.