the main source of funding for your school probably comes from

the main source of funding for your school probably comes from

the main source of funding for your school probably comes from

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Which of the following is probably the main source of funding or your school

A-local property taxes
B- federal income taxes
C- payroll taxes
D- state sales taxes

The correct answer is A) local property taxes.

The main source of funding my school probably is local property taxes.

Local property taxes are used to give many benefits to United States citizens. This kind of taxes must be paid every year by all the people who own a home or a business. The money that is raised when collecting property taxes usually stays in the community for the benefit of the people. The money collected goes to road construction, maintenance of roads, firefighters and police salaries, as well as funding local public schools.

the main source of funding for your school probably comes from
the main source of funding for your school probably comes from

An Overview of the Funding of Public Schools

Schools nationwide require resources to operate, and that typically boils down to money. The way in which schools get their funding varies from state to state and district to district. However, there are a few basic funding principles that are relatively uniform throughout the country. With funding coming from a variety of resources, and allocation determined in various ways, it is helpful to understand the basics of funding public schools to discover where these important institutions get the resources they need to educate students across America.
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Where does the Money Come From?

According to Education Week, public school funding comes from a variety of sources at the local, state and federal level. Approximately 48 percent of a school’s budget comes from state resources, including income taxes, sales tax, and fees. Another 44 percent is contributed locally, primarily through the property taxes of homeowners in the area. The last eight percent of the public education budget comes from federal sources, with an emphasis on grants for specific programs and services for students that need them.
the main source of funding for your school probably comes from
the main source of funding for your school probably comes from

More about Federal School Funding

The large majority of federal funding set aside for public education is distributed directly to local schools. The federal government does not have the authority to set unfunded mandates for local schools, which means schools and districts can always refuse federal money offered if the state government does not wish to participate in the program those dollars are allotted to fund. Some of the programs currently funded by the federal government include:
  • Title I – A program specifically geared to students from low-income families and areas, which provides money to local districts to improve academic performance of those students.
  • English Language Acquisition – Offers money to schools with students that do not speak English as a first language, to help them learn English and improve proficiency on statewide examinations.
  • Reading First – Provides federal money to help schools implement robust reading programs that utilize scientific-based research to support their success.
  • Individuals with Disabilities Education Act – Allots money to schools to help students with disabilities get a quality education in the public school system, by providing them with the resources they need to succeed.
  • Improving Teacher Quality Grants – Offers money for teacher training and development programs within local schools and districts.
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the main source of funding for your school probably comes from
the main source of funding for your school probably comes from

Where Local Funding Comes From

Each state has its own formula for how funding for schools is collected and allotted. In most states, local property taxes make up the majority of funding. However, Great Education Colorado reports on its website that due to falling property tax revenues in Colorado in recent year, this is one state that has had to make up some of the difference through additional state funding. Unfortunately, the recent economic recession has led to smaller state budgets as well, which has left many states and school districts without enough funding to go around.

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