Texas Financial Funding of Public Schools Essay Example | Topics and Well Written Essays - 500 words

Texas Financial Funding of Public Schools - Essay Example The highest of these revenue producers are local property taxes that account for a majority of districts local tax revenue. Therefore, the information means a lot to me. In this article, I learned that the public education system in Texas is among the biggest in the country with a sizeable number of school districts and a charter school comprising many campuses. In addition, the article revealed that Texas has extra school districts compared to any other state, and it is next only to California in regard to the number of students registered in its schools. I also learned that at present the school finance system of Texas is functioning as two separate systems: one system is based on the equalizing calculations of the foundation school program, and the other focuses on historical district funding stages commonly referred to as the target revenue system. This article by Research foundation means a lot to me. This is because such programs developed in schools including the foundation school program ensure that each public school in Texas has enough finance and balances resources to offer a fundamental instructional plan that meets the values of the state. I have learned from this article that for a long time the courts in Texas have been demanding the legislature to create fairer and equitable ways to finance public education within the state. The article also enlightened me on the issues surrounding the school finance in Texas. For instance, I have learnt about the judicial history and the achievement of the present system of school finance in attaining various school finance equity objectives. The information provided in this article means a lot because it has made me realize that Texas is the best state to study. For example, Texas acknowledges that some attributes of school districts and of learners increase the costs of giving education. The information can be used to encourage others in various ways, especially those with issues concerning school finance in Texas.  Ã‚  

Macroeconomics Interview Assignment Essay Example | Topics and Well Written Essays - 1000 words

Macroeconomics Interview Assignment - Essay Example as a set of actions and conditions that were fundamental attributes of a financial crisis and ensuing recession, which become evident and visible in 2008. Some of the actions or factors that contributed to this crisis of rise and fall of housing costs are attributed of the securities held by the financial institutions. The ensuing years leading to the crisis, the United States had received large sums of money in terms of foreign loans from fast developing economies such as Asia and other oil manufacturing nations (Rao, and Sisodiya, 11). The huge inflow of foreign funds and low U.s rates of interest between 2002 and 2004 is attributed to the volatile milieu characterised by easy credit conditions. This environment is immensely attributed to the housing and credit bubbles. However, the immediate cause of the subprime crisis was the bursting of the US’s housing bubble. The bubble peaked between 2005 and 2006. The crisis was characterized by an increase in subprime mortgage negligence and foreclosure, and the consequent decrease of securities that were guaranteed by the said mortgages. The mortgages included the mortgage-backed securities (MBS) and the collateralized debt obligations (CDO). The securities offered attractive incentives and rates of return in the beginning; nonetheless, the abnormally low credit factor eventually resulted to substantial defaults (Rao, and Sisodiya, 27). Fundamentally, the crisis is connected to numerous factors; however, the primary ones include the inability of homeowners to submit the mortgage payments due to predatory lending and speculation factors. Other factors include high level of personal and corporate debts, poor monetary and housing policy, global imbalances and inapt government regulation, which aimed at expanding homeownership. It is imperative to note that, the MBS, CDO and credit default swap caused the disproportionate housing debt. For the case of the home sellers and business people, the increase and sharp fall of