Revenue to U.S. Schools Up Sharply in Recent Years
The revenue flowing to U.S. elementary and secondary schools rose 3.3% nationally from 2013 to 2014, The U.S. Census Bureau reports. The country saw the biggest increase in per-pupil school spending since 2008.
School system revenue comes from federal, state and local government sources.
It amounted to $617.6 billion in fiscal year 2014.
Per pupil spending for the nation was $11,009, a 2.7% increase from 2013.
This was the largest increase in per pupil spending since 2008, when there was a 6.1% increase from the year prior.
Among the 50 states and the District of Columbia, New York spent the highest per pupil, at $20,610, while Utah came in the lowest at $6,500.
Per pupil spending includes gross school system expenditure for instruction, support services and noninstructional functions including direct expenditure for salaries, employee benefits, student transportation, building maintenance, purchased property and other services and supplies.
These revenue increases are the result of stronger economic activity in the larger economy in recent years, which leads to increased tax revenues.
It’s good to see that more is being spent on education.
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