Describe the Methods of Funding and Administrative Control of Public

question 56

Essay

Describe the methods of funding and administrative control of public elementary and secondary education in Texas. How would you resolve the issue of equitable funding for all elementary and secondary students?

---

Definitions:

Estimated Annual Net Income

The projection of a company's net income over the course of a future year, based on current trends and expectations.

Straight-Line Depreciation

A way of allocating the expenditure of a physical asset in uniform annual installments over its lifespan.

Average Rate of Return

A financial ratio that shows the average annual return on an investment, expressed as a percentage of the initial investment cost.

Estimated Annual Net Income

The projection of net earnings over a given fiscal year, taking into account all expected revenue and expenses.