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Finance - Chapter 6 - Key Terms

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Term
Definition
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  
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School board   governing board of a school district. 145-2  
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administrator    
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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)  
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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  
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consolidation   combining school districts  
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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.  
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tax shifing   155-4.  
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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.  
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Operating school district   operates a school system for all or some of its children. 145-3  
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Non-operating school district   district which pays another district to provide a school system.  
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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  
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Created by: Russell.Johnson
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