Exam 16: Financing School Facilities

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Public school facilities are financed primarily from:

(Multiple Choice)
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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.

(True/False)
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Most school facilities have been financed from state sources.

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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.

(True/False)
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School bonds are:

(Multiple Choice)
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