The author of this essay "School finance" casts light on the necessity of financial support for schools. It is stated here that financial resources are required in order to run schools. Funding for education varies from state to state as well as district to district. …
Financial resources are required in order to run schools. Funding for education varies from state to state as well as district to district. The state has an obligation to fund education and this is mainly done through taxes. On the local level, the districts also have a duty to fund education and the funds are drawn from the taxpayer’s money. There are various obstacles that impact on the funding of education. For instance, the 2007 Global Financial Crisis negatively impacted on the funding of education in different states in the US.
There have also been challenges in funding education such as the aspect of equity among different states. Some states are wealthier than others and this has drawn the ire of other people who have filed lawsuits to have this anomaly corrected. There are also challenges faced at the district level in terms of funding of education. While an effort is made to get more money for schools, there are other challenges that are encountered. These are related to how the money is spent in schools in an equitable way. Some money is spent on teacher incentives but this has also raised some eyebrows as a result of the fact that funding meant for education should be used as such. These extra costs have resulted in debts being incurred which pose challenges on managing budgets meant for education. Therefore, concerted efforts should be made by the Legislature to come up with holistic measures that can be implemented in order to ensure that money meant for education is used for that purpose. ...
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(School Finance Essay Example | Topics and Well Written Essays - 250 Words)
“School Finance Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.net/education/637278-school-finance.
New Jersey school district has public and private schools. It also has a vast array of higher education institutions. Most public high schools in New Jersey, under the constitution, provide free education for students from five to eighteen years old. The state uses tax levied on New Jersey’s property market to finance free education for elementary and high school students.
In addition, they have the responsibility of ensuring that teachers’ performance is uncompromised. Unfortunately, a teacher’s performance is measured by the performance of students. This gave rise to merit pay that is used to reward the best performing teachers according to students’ performance.
The principal of all high schools in the suburbs of a large city are aware about a significant budget crisis looming throughout the state. According to the Superintendent, the state Department of Education has significantly reduced budget allocation due to the crisis as a result of which the district high school budget committee has been directed to cut their annual budget by 20% from its annual maintenance and operations and 30% from its soft capital budget for the fiscal.
The public would usually voice out their opinions and suggestions on how funding ought to be allocated in some school districts. Many of the schools have to implement the court orders and other political instructions in terms of school financing equity in order not to make enemies of the state or the courts.
Private Schools have the option of getting funding from the Department of Education within any federal state. However, one has to meet certain criteria in order to qualify. First of all, there is a need to advertise for State funding. This is done through a bidding process.
There has been a worldwide problem where teachers union engages in trouble, in the determination of the salary of their teachers. The debate on the award of teachers on the basis of quality output on students is affected by a lot of challenges. There has been an
This gave rise to merit pay that is used to reward the best performing teachers according to students’ performance.
Merit pay refers to an approach that is used to compensate and reward teachers based on their performance. This is done through incentives such as
The recession however changed all of this. With the Obama administrations “The American Recovery and Reinvestment Act, signed in 2009” provided more than $100 billion in education aid to offset budget cuts—and to promote Obama administration education priorities,
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