Examples of unsecured debt include credit cards, medical bills, utility bills, and other instances in which credit was given without any collateral requirement.
States primarily finance education through taxes. In some cases they also use state-sponsored lotteries, which have sparked debates regarding ethical implications. Local funding is largely derived from property taxes. This allows communities to exercise greater control and accountability over educational expenditures.
Authority: s. 1011.62(1) (b), F.S. Base Student Allocation The BSA is the dollar amount set annually by the legislature to provide FEFP base funding. The BSA for the fiscal year 2024-25 is $5,330.98.
How are funds allocated? The FEFP allocates funds to each school district based on actual student enrollment. uses a unit of measurement for each student called a full-time equivalent (FTE). One FTE equals one school year of instruction provided to a student.
Table 3. K-12 Education Budget for FY 2024-25 FY 2023-24FY 2024-25 Total local Funding $12,251,000,000 $12,910,000,000 Total Per-Pupil Spending (unweighted FTE) $8,648 $8,959 Total Base Student Allocation $5,140 $5,331 Total Education Funding $30,154,000,000 $31,917,000,0002 more rows •
The 2024 Best States rankings saw Florida top the list at No. 1 in the Education category. The state ranked No. 1 in the Higher Education subcategory and No.
Credit card debt is by far the most common type of unsecured debt. If you fail to make credit card payments, the card issuer cannot repossess the items you purchased.