Disparities in funding are more likely when school districts only get revenue from local taxes. The act of providing resources to finance a need, programme, or initiative is known as funding. So,the given statement is True.
While typically in the form of money, this can also be in the form of an organisation or company's time or effort. The phrase financing is used when a firm obtains capital from outside sources, whereas this word is typically employed when a firm uses its internal reserves to satisfy its need for cash.
Credit, venture capital, gifts, grants, savings, subsidies, and taxes are just a few of the financial options available. "Soft funding" or "crowdfunding" refers to financial resources such as donations, subsidies, and grants that do not directly require a return on investment.
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