Introduction to School Finance

About the Instructor

Dr. Paul Stremick retired in 2019 after 31 years in education.  He is a native North Dakotan and currently resides in Walhalla, North Dakota where he was raised.  He served as a superintendent in five districts in three different states.  The districts in North Dakota included Grafton, Dickinson and North Border.  In 2018, Dr. Stremick was named the North Dakota Superintendent of the year.

Dr. Stremick took a leading role in a lawsuit against the State of North Dakota to create equitable and adequate funding for all school districts.  Since that time, he has been involved in the re-writes of the school foundation aid formula in North Dakota. 

Dr. Stremick teaches classes and offers seminars for the North Dakota School Boards Association.  He has also taught at the University of North Dakota in the areas of school finance and policy for Master and Doctoral level students.  He is currently doing consulting work (Dakota Leadership Solutions) for school districts throughout the state. 

Important Course Dates

Course meeting date: September 1, 2022

Course time:  8:30 am- 12:00 p.m. CT

Course meeting location: Career Academy, Multipurpose Room B

Final assessment due date: September 30, 2022


Introduction to School Finance Syllabus

Reading Assignments


Introduction to School Finance Presentation



 Final Assessment

  • Reading assignments for this course are as follows. Please read Chapters 1 and 2 of Understanding School Finance.   Review the Title I Fast Facts and Guidance Pertaining to Title II, Part A.  Print out out and review Finance Facts and the State Aid reports.  All documents are listed above. 
  • Final Assignment: The final assignment for this class will be worth 80 points. The instructor will provide you with guidance on this final assessment during class.  The final assessment for this class will consist of a budgeting exercise.  The due date is September 30, 2022.  

Final Assignment

Final Revenue Worksheet


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