The federal, state and local government all play a role in the complex financial system of education. Keep in mind that how well a school is funded is often a reflection of the community composition a...The federal, state and local government all play a role in the complex financial system of education. Keep in mind that how well a school is funded is often a reflection of the community composition and wealth (number of businesses, homeowners, taxpayers, population size). In this chapter we will learn how schools are governed and financed in public education and begin to explore how these factors impact our ability to help students learn.