Public education financial data obtained from South Carolina local school district audits and the State Department of Education for fiscal year 1988-89 are provided in a standardized format. Caution is recommended when comparing financial data in this report with earlier years as several reporting changes were incorporated that are not comparable with previous data collections. Ten tables outline data: (1) Sources of Revenue for Public Education; (2) Current Expenditures per Pupil in Average Daily Membership; (3) Total Expenditures for Public Education; (4) Funds Expended Directly by the State Department of Education for Public Schools; (5) Current Operating Expenditures as Reported by School Districts; (6) Statement of Revenues (by district); (7) Statement of Expenditures (by district); (8) Assessed Valuation per Pupil in ADM and Mills Levied; (9) Value of New Buildings Completed During 1988-89; (10) Bonds Issued During 1988-89 and Bonds Outstanding as of June 30, 1989. (EJS)