Current Expenditures per Pupil for Public PreK–12 Education in 2021-22

 

Today, NCES released Revenues and Expenditures for Public Elementary and Secondary Education: School Year 2021–22 (Fiscal Year 2022). This first look report presents state-level data on revenues by source and expenditures by function and object for public elementary and secondary education for school year 2021–22. Total revenues for education increased by 1.3 percent after adjusting for inflation (from $897.2 to $909.2 billion) from FY 21 to FY 22. Federal revenues for education increased by 31.8 percent (from $94.8 to $124.9 billion) from FY 21 to FY 22, which follows a 43.2 percent increase in federal revenues between FY 20 and FY 21. Current expenditures per pupil for the day-to-day operation of public elementary and secondary schools rose to $15,591 in FY 22, an increase of 1.8 percent from FY 21, after adjusting for inflation. The slight increase in current expenditures per pupil on a national basis from FY 21 to FY 22 follows an increase of 3.5 percent between FY 20 and FY 21. View the report.