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school finance II
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A
B
mil
.001 1/10th of a penny/basic taxation unit for ed.
levy
local tax put on local level
foundation aid
money received for each student $2145.
Bismarck
unlimited levy
Fargo
no levy
local fair share
32 mills
foundation aid
$ from state, oil, sales tax, state income tax
excess levy
2145.00 per wpu
capital exp
building fund
state categorical
voc. ed. and spec. ed
fed. categorical
title money
flat grant
scholarshops
185 mills
cap
deficit spending
term used for spending more money than your district has
43,000,000. school valuation
43,000. = a mil
32 mills
amount in ND thought to be a fair amount of money for a district to pay in order to receive state foundation aid
jandorval
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