One of the early traditions from our country's educational past has been the practice of funding capital outlays completely from local sources. This approach of relying exclusively on local funds for capital outlay and debt service has been replaced with more equitable measures. Identify which of the following would be included in the changes that have occurred in school finance theory regarding
the funding of facilities:
a. there are many justifiable reasons to fund school facilities differently than school operations
b. even though it has been determined that financing of education is a state responsibility, the financing of physical facilities remains the responsibility of local school districts
c. there is little justification for financing capital outlays on a different basis from current expenditures. If state financing of current operations is fair, so is state financing of capital outlays
d. it is easier for school districts to pay for facility costs if the payments can be spread over a longer period of time
C
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