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Finance 6 - Terms

Finance - Chapter 6 - Key Terms

School district basic administrative unit for the operation of public schools, generally consisting of a school board and superintendent of schools; generally operate as independent governmental unit. 145-2
School board governing board of a school district. 145-2
privatization 152-6. turning over the operations of schools to private, for-profit companies. 153-3 "school districts simply decide to buy rather than make." (outsourcing of public education)
fiscal independence/dependence 159-1. The degree to which the local district board of education is placed under the jurisdiction of the city or county government
consolidation combining school districts
reorganization combining small districts into larger ones to improve the educational opportunities for children and broaden the tax base, reduce variations in the taxpaying ability of districts and provide some degree of stabilization, equity, and management of funds.
tax shifing 155-4.
Municipal overburden 127-3, 156-8. condition in which the required revenues for city(local) operations are too great or not available from the local tax base. A higher burden on taxpayers.
Operating school district operates a school system for all or some of its children. 145-3
Non-operating school district district which pays another district to provide a school system.
The ability of local school district to pay depends upon? the value of taxable property, the number of pupils, the willingness of taxpayers to support the desired program
Created by: Russell.Johnson