Question 1

Some states permit school districts to accumulate building reserve funds for the purpose of funding the construction of future school facilities.

Accepted Answer

A) True 
 B)False  True

Question 2

Nationally, state governments have assumed primary responsibility for financing the capital facility requirements of public elementary and secondary education.

Accepted Answer

A) True 
 B)False  False

Question 3

Often referred to as pay-as-you-go financing, the ability to finance the construction of school facilities from current revenues is an alternative available only to the large and/or very affluent school districts.

Accepted Answer

A) True 
 B)False  True

Question 4

When converted to constant dollars, public school expenditures for capital outlay and debt service have experienced solid growth during the recent decade ending in FY 2013.

Accepted Answer

A) True 
 B)False

Question 5

Capital Outlay is an expenditure that results in the acquisition of fixed assets or additions to fixed assets which are presumed to have benefits for more than one year.

Accepted Answer

A) True 
 B)False

Question 6

Nationally, state governments have assumed primary responsibility for financing the capital facility requirements of public elementary and secondary education.

Accepted Answer

A) True 
 B)False

Question 7

The decision to provide state funds for private and charter schools has diverted state funds from public schools in several states.

Accepted Answer

A) True 
 B)False

Question 8

Capital Outlay is an expenditure that results in the acquisition of fixed assets or additions to fixed assets which are presumed to have benefits for more than one year.

Accepted Answer

A) True 
 B)False

Question 9

Overtime, the expenditures for capital outlay and interest on long term debt is approximately 23 percent of total expenditures for public elementary and secondary education.

Accepted Answer

A) True 
 B)False

Question 10

School building reserve funds:

Accepted Answer

A)  are usually ineffective 
B)  provide the majority of the funds for capital construction 
C)  are authorized by all states 
D)  none of the above 
A)  are usually ineffective 
B)  provide the majority of the funds for capital construction 
C)  are authorized by all states 
D)  none of the above

Question 11

General obligation bonds provide:

Accepted Answer

A)  little revenue for capital construction 
B)  most of the revenue for capital construction 
C)  current revenue for capital construction 
D)  none of the above 
A)  little revenue for capital construction 
B)  most of the revenue for capital construction 
C)  current revenue for capital construction 
D)  none of the above

Question 12

Public school facilities are financed through:

Accepted Answer

A)  state grants 
B)  local current revenue 
C)  municipal bonds 
D)  all of the above 
A)  state grants 
B)  local current revenue 
C)  municipal bonds 
D)  all of the above

Question 13

A barrier(s) to the acquisition of adequate resources for public school capital facilities include:

Accepted Answer

A)  restrictive debt limitation 
B)  super majority requirement for validation of bonding referenda 
C)  competition for resources with charter schools 
D)  all of the above 
A)  restrictive debt limitation 
B)  super majority requirement for validation of bonding referenda 
C)  competition for resources with charter schools 
D)  all of the above

Question 14

Pursuant to the Federal Code, state governments are required to conform to the 10 percent debt limitation based upon real and public service property assessment.

Accepted Answer

A) True 
 B)False

Question 15

The Center for Green Schools has estimated (2013) that it will take approximately $540 billion to meet the capital facility needs of the nation, including acquisition, renovation, and modernization of existing facilities.

Accepted Answer

A) True 
 B)False

Question 16

The vast majority of public school facilities are constructed through the sale of revenue bonds by local school districts.

Accepted Answer

A) True 
 B)False

Question 17

The Center for Green Schools has estimated (2013) that it will take approximately $540 billion to meet the capital facility needs of the nation, including acquisition, renovation, and modernization of existing facilities.

Accepted Answer

A) True 
 B)False

Question 18

In order to analyze the total investment costs for acquisition and renovation of school facilities, it is proper to withdraw repayment of bond/loan principal from total debt service expenditures.

Accepted Answer

A) True 
 B)False

Question 19

When converted to constant dollars, public school expenditures for capital outlay and debt service have experienced solid growth during the recent decade ending in FY 2013.

Accepted Answer

A) True 
 B)False

Question 20

The number of years over which a bond issue matures should not exceed the life of the facility for which the bond was issued.

Accepted Answer

A) True 
 B)False

Some states permit school districts to accumulate building reserve funds for the purpose of funding the construction of future school facilities.

Nationally, state governments have assumed primary responsibility for financing the capital facility requirements of public elementary and secondary education.

Often referred to as pay-as-you-go financing, the ability to finance the construction of school facilities from current revenues is an alternative available only to the large and/or very affluent school districts.

When converted to constant dollars, public school expenditures for capital outlay and debt service have experienced solid growth during the recent decade ending in FY 2013.

Capital Outlay is an expenditure that results in the acquisition of fixed assets or additions to fixed assets which are presumed to have benefits for more than one year.

Nationally, state governments have assumed primary responsibility for financing the capital facility requirements of public elementary and secondary education.

The decision to provide state funds for private and charter schools has diverted state funds from public schools in several states.

Capital Outlay is an expenditure that results in the acquisition of fixed assets or additions to fixed assets which are presumed to have benefits for more than one year.

Overtime, the expenditures for capital outlay and interest on long term debt is approximately 23 percent of total expenditures for public elementary and secondary education.

School building reserve funds:

General obligation bonds provide:

Public school facilities are financed through:

A barrier(s) to the acquisition of adequate resources for public school capital facilities include:

Pursuant to the Federal Code, state governments are required to conform to the 10 percent debt limitation based upon real and public service property assessment.

The Center for Green Schools has estimated (2013) that it will take approximately $540 billion to meet the capital facility needs of the nation, including acquisition, renovation, and modernization of existing facilities.

The vast majority of public school facilities are constructed through the sale of revenue bonds by local school districts.

The Center for Green Schools has estimated (2013) that it will take approximately $540 billion to meet the capital facility needs of the nation, including acquisition, renovation, and modernization of existing facilities.

In order to analyze the total investment costs for acquisition and renovation of school facilities, it is proper to withdraw repayment of bond/loan principal from total debt service expenditures.

When converted to constant dollars, public school expenditures for capital outlay and debt service have experienced solid growth during the recent decade ending in FY 2013.

The number of years over which a bond issue matures should not exceed the life of the facility for which the bond was issued.

The Nature and Theory of the Public School

Fundamental Rights and State School Finance Litigation

The System and Public Schools

Inequality of Opportunity

Education As an Investment in Human Capital

The Politics of School Finance

Fiscal Capacity and Tax Effort in the Funding of Public Schools

Taxation for Public Schools

The Federal Role in Financing Education

Teacher Compensation

Public Funding of Private Schools: Charter Schools and Vouchers

Education Production Functions: Whether Money Matters

Analyzing Equity and Adequacy of State School Finance

State School Funding Methods

Financial Accounting

School Budget Development and Administration

Filters

Exam 16: Financing School Facilities

Some states permit school districts to accumulate building reserve funds for the purpose of funding the construction of future school facilities.

Nationally, state governments have assumed primary responsibility for financing the capital facility requirements of public elementary and secondary education.

Often referred to as pay-as-you-go financing, the ability to finance the construction of school facilities from current revenues is an alternative available only to the large and/or very affluent school districts.

When converted to constant dollars, public school expenditures for capital outlay and debt service have experienced solid growth during the recent decade ending in FY 2013.

Capital Outlay is an expenditure that results in the acquisition of fixed assets or additions to fixed assets which are presumed to have benefits for more than one year.

Nationally, state governments have assumed primary responsibility for financing the capital facility requirements of public elementary and secondary education.

The decision to provide state funds for private and charter schools has diverted state funds from public schools in several states.

Capital Outlay is an expenditure that results in the acquisition of fixed assets or additions to fixed assets which are presumed to have benefits for more than one year.

Overtime, the expenditures for capital outlay and interest on long term debt is approximately 23 percent of total expenditures for public elementary and secondary education.

School building reserve funds:

General obligation bonds provide:

Public school facilities are financed through:

A barrier(s) to the acquisition of adequate resources for public school capital facilities include:

Pursuant to the Federal Code, state governments are required to conform to the 10 percent debt limitation based upon real and public service property assessment.

The Center for Green Schools has estimated (2013) that it will take approximately $540 billion to meet the capital facility needs of the nation, including acquisition, renovation, and modernization of existing facilities.

The vast majority of public school facilities are constructed through the sale of revenue bonds by local school districts.

The Center for Green Schools has estimated (2013) that it will take approximately $540 billion to meet the capital facility needs of the nation, including acquisition, renovation, and modernization of existing facilities.

In order to analyze the total investment costs for acquisition and renovation of school facilities, it is proper to withdraw repayment of bond/loan principal from total debt service expenditures.

When converted to constant dollars, public school expenditures for capital outlay and debt service have experienced solid growth during the recent decade ending in FY 2013.

The number of years over which a bond issue matures should not exceed the life of the facility for which the bond was issued.

The Nature and Theory of the Public School

Fundamental Rights and State School Finance Litigation

The System and Public Schools

Inequality of Opportunity

Education As an Investment in Human Capital

The Politics of School Finance

Fiscal Capacity and Tax Effort in the Funding of Public Schools

Taxation for Public Schools

The Federal Role in Financing Education

Teacher Compensation

Public Funding of Private Schools: Charter Schools and Vouchers

Education Production Functions: Whether Money Matters

Analyzing Equity and Adequacy of State School Finance

State School Funding Methods

Financial Accounting

School Budget Development and Administration

Filters