ASF funding sources? which sources primarily fund ASF?

• A. Federal grants
• B. Lottery proceeds
• C. Fuel tax and Permanent School Fund
• D. Property taxes and state general revenue

Answer: (C)

The Available School Fund gets its money primarily from two steady sources: the Permanent School Fund and motor fuels taxes. The Permanent School Fund is a long-standing investment fund whose earnings are distributed to ASF each year to help support public education. The motor fuels taxes collected by the state are specifically dedicated to funding education and are deposited into ASF, providing a reliable revenue stream to supplement district funding. Lottery proceeds and other miscellaneous funds do contribute to ASF, but they are not the main, ongoing sources. Federal grants, property taxes, and state general revenue are used for other purposes or operate in different parts of the education funding system, rather than serving as the primary backbone of ASF.