While total revenues and expenditures increased in public K–12 education in 2017–18 fiscal year (FY) 2018, current expenditures per pupil on a national basis remained relatively level at $12,654. Total revenues increased by 1.9 percent (from $720.7 to $734.2 billion) from FY 17 to FY 18, local revenues increased by 3.0 percent (from $323.3 to $332.9 billion), state revenues increased by 1.5 percent (from $338.8 to $344.0 billion), and federal revenues decreased 2.1 percent (from $58.6 to $57.3 billion), after adjusting for inflation. Total current expenditures for public elementary and secondary education across the nation increased by 1.1 percent between FY 17 and FY 18. Current expenditures per pupil on a national basis remained relatively level at $12,654 in FY 18, which is an increase of 0.9 percent from FY 17, following an increase of 1.7 percent between FY 16 and FY 17, after adjusting for inflation. At the state level, current expenditures per pupil ranged from $7,576 in Utah to $23,686 in New York. In addition to New York, current expenditures per pupil were among the five highest in the District of Columbia ($23,155), New Jersey ($20,316), Vermont ($20,149), and Connecticut ($20,147). These tables and figures present state-level data on revenues by source and expenditures by function and object for public elementary and secondary education for school year 2017–18. Tables and figures on district-level revenues and expenditures will be released later this year. To view the tables and figures when they are released, please visit http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2020306. |
Wednesday, August 26, 2020
Expenditures per Pupil for Public K–12 Education Remained Relatively Level in FY 18
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