Funding Research
The DC Council developed the budgeting procedure for the Washington D.C. education system. Their website states that local taxes make up the bulk of the budget, with additional funding coming from the federal and state governments. 65% of the entire budget is funded by local taxes, 29% by federal funding, and 6% by state funds. To guarantee that every student receives an equal education, this funding is distributed across the many schools and services in the district.
I advise the school system to consider expanding its income sources to enhance its financial condition. Increased taxes on local companies might be one approach to achieve this, allowing more funds to be allocated to the educational system. The district might also consider submitting new federal and state grant applications, generating more revenue. Additionally, the district can consider forming ties with nearby companies by providing students with internships or apprenticeships to expand its educational resources and raise money.
Spending cuts are another option to strengthen the school district’s financial status. The district can consider lowering unneeded spending, such as administrative expenditures or the number of staff members working there. This would make it possible to devote more money to extracurricular activities, technology, and other educational support. The district can also consider collaborating with nearby companies to provide services like building maintenance or technology at a reduced cost.
Finally, I advise the school system to look at other financing options. Campaigns for crowdsourcing funds, grants, or contributions from small companies or charitable groups are a few examples. These revenue streams might boost the district’s budget and provide children with more resources.
In conclusion, the Washington D.C. school system may improve its financial standing by boosting income streams, cutting expenses, and looking into nontraditional financing options. These actions would enable the district to provide its kids with greater educational resources and guarantee an equal education.
REFERENCES
https://www.publicschoolreview.com/blog/an-overview-of-the-funding-of-public-schools
https://www.oecd-ilibrary.org/the-funding-of-school-education_5jfvxdqhtw40.pdf
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Question 
Examine a local school district or community college budget.
Become familiar with your local school district or community college budget process by searching their website for budget information.
Funding Research
If you cannot locate this information, contact your local school district or community college for budget information.
Determine where the funding originates from. What percentage is from federal, state, or local taxes?
Recommend changes to your K-12 school or institution of higher education’s revenue stream to strengthen its financial position.
Explain the changes you would propose.
You should list any budget documents referenced as your source for this activity. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least once within your assignment. For help with research, writing,
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