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Local and State Revenues pg.232

How schools raise revenue and spend their money.

AB
Ad valoremlevied as a percentage rate of the value of property
Property taxesvital to a schools economic well being
Capital projectsexpenditures that are expected to take several years or decades
Capital bondsa way of borrowing money from the public
Income Taxthe largest portion of a state's revenue
Sales TaxRegressive; all people must pay whether they can afford or not
Flat grantmoney given by state, based on number of students enrolled
Weighted Student Planmoney given by stated according to the types of children enrolled


ChadGragg

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