The Permanent School Fund distributes money to school districts across the state based on what two factors?

Explaination given below:

Explanation:

The Permanent School Fund distributes money to school districts across the state based on the two factors as follows:

* student attendance

&

* guaranteed bonds issued by local school boards

The Permanent School Fund was organized in the year around 1854. The central goal of the Permanent School Fund is to support primary as well as secondary schools in the state.