The School Finance Section is responsible for calculating and distributing Basic Formula, Classroom Trust Fund, Proposition C and Small Schools Grant payments to local school districts and charters schools throughout Missouri. School Finance is responsible for the creation and publication of the Missouri Financial Accounting Manual and assists local school officials with the coding of revenues and expenditures as well as budgeting for the above mentioned state revenues. The Section also assists school districts and charter schools with the completion of the Annual Secretary of the Board Report (ASBR) and MOSIS/Core Data cycles that contain information such as attendance, free and reduced lunch, calendar, and tax levy information, which have an impact on the state aid payments.  

In the database ERIC, educational finance provides a broad starting search on a variety of issues as well as government analysis documents.  From here, you can add additional terms as needed, such as:

• contract negotiations focuses in on contracts
• salary schedules provides both information and analysis
• bond issues/bond levy/bond funding all offer details on bonds
• tax levy/millage/tax revenue provide perspectives on this funding method

The search terms listed above can be narrowed by adding a second term, such as:

• United States/Missouri to narrow the national or state system
• elementary and secondary education to focus in on K-12 v. higher education issues