Know Your School Finance Budget Task

Results from the quiz

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A. Dollar amounts that have not been adjusted for inflation.
Student Answer: Revenue Limit
Correct Answer: Current Dollars

B. The attainment of sufficient funding levels to produce the likelihood that students will achieve at minimal, specified levels.
Student Answer: Educational Adequacy
Correct Answer: Educational Adequacy

C. Elimination of unjust differences among expenditures.
Student Answer: Robin Hood Laws
Correct Answer: Fiscal Neutrality

D. A tax scaled to the ability to pay.
Student Answer: Progressive Tax
Correct Answer: Progressive Tax

E. A dollars and cents statement expressed per $100 of assessed value. Also known as a levy.
Student Answer: Current Dollars
Correct Answer: Property Tax Rate

F. The specific amount of state and local property tax aid a school district may receive per pupil for general education purposes.
Student Answer: Property Tax Rate
Correct Answer: Revenue Limit



I had a very hard time with this. I would have to research the definition and read about it in order to know what the term is. I would never be able to remember this just from memory.