The amount and method of calculation of these penalties is described in your mortgage documentation. (streetcapital.ca)
The department did not mention teacher salaries, but they make up the bulk of school budgets and would thus be included in calculations of spending. (nytimes.com)
The latter percentage is very close to the estimate of 69 % I reported in a previous publication based on calculations on an entirely different set of data. (educationnext.org)