ERIC Number: ED420120
Record Type: RIE
Publication Date: 1998-May
Reference Count: 0
Revenues and Expenditures for Public Elementary and Secondary Education: School Year 1995-96. Statistics in Brief.
National Center for Education Statistics (ED), Washington, DC.
Nearly $288 billion of revenues were raised by local, state, and federal governments to fund public education for students in prekindergarten through the 12th grade in school year 1995-96. Revenues ranged from a high of nearly 31 billion in California to a low of $618 million in North Dakota. Nationally, revenues increased an average of 5.3 percent over last year's revenues (in unadjusted dollars). State, intermediate, and local governments provided 93.4 percent of all revenues; the federal government's contribution was 6.6 percent. Current expenditures (excluding construction, equipment, and debt financing) came to $255 billion, representing a $5 billion (2.7 percent) increase over expenditures in the previous fiscal year. About $157 billion (62 percent) in current expenditures went for teachers, textbooks, and other instructional services and supplies. An average of $5,689 was spent on each student--an increase of .6 percent from 5 years ago (adjusting for inflation). Four states (New Jersey, Connecticut, New York, and Alaska) and the District of Columbia spent more than $8,000 per pupil. Two states (Mississippi and Utah) spent less than $4,000 per pupil. Included are definitions of terms, two figures, and four tables. (MLH)
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: N/A
Authoring Institution: National Center for Education Statistics (ED), Washington, DC.