New Data: Revenues and Expenditures Increase in Public K-12 Schools (2013-14)
From the National Center for Education Statistics:
The amount of money spent, per pupil, in U.S. public elementary and secondary schools rose to $11,066 in Fiscal Year (FY) 2014, according to a new report.
That is a 1.2 percent increase over the previous year (FY 2013), after adjusting for inflation.
The National Center for Education Statistics, in the Institute of Education Sciences, released a new First Look report, Revenues and Expenditures for Public Elementary and Secondary Education: School Year 2013-14. The report provides a look at spending on public K-12 education at a national and state level.
In FY 2014, total revenues per pupil averaged $12,460 nationally, an increase of 1.1 percent from FY 2013. This reversed a decrease of 1.1 percent decrease between FY 2012 and FY 2013.
At the state level, current expenditures per pupil ranged from $6,546 in Utah to $20,577 in the District of Columbia. In addition to the District of Columbia, current expenditures per pupil were at least 40 percent higher than the national average in New York ($20,156), New Jersey ($18,780), Alaska ($18,466), Connecticut ($18,401), Vermont ($18,066), Wyoming ($15,903), and Massachusetts ($15,886). Current expenditures per pupil increased by 1 percent or more in 25 states between FY 13 and FY 14.
This First Look report presents state-level data on revenues by source and expenditures by function for public elementary and secondary education for school year 2013-14. State education agencies in the 50 states and the District of Columbia provide the data to NCES. A report on district-level revenues and expenditures will be released later this year.
Direct to Full Text Report (48 pages; PDF)
Revenues and Expenditures for Public Elementary and Secondary Education: School Year 2013-14. by LJ's infoDOCKET on Scribd
Filed under: Data Files, News
About Gary Price
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.