Know Your School Finance Lingo

Mastering the vocabulary of school finance can be tricky business. State and local school districts often include a glossary of key terms in their official documents. The following words are taken from California and Iowa Departments of Education school finance reports. Can you match each term with its best definition?

A. Dollar amounts that have not been adjusted for inflation.
B. The attainment of sufficient funding levels to produce the likelihood that students will achieve at minimal, specified levels.
C. Elimination of unjust differences among expenditures.
D. A tax scaled to the ability to pay.
E. A dollars and cents statement expressed per $100 of assessed value. Also known as a levy.
F. The specific amount of state and local property tax aid a school district may receive per pupil for general education purposes.
G. The process of equalizing monies between wealthy and poorer districts.