Public School Spending Shifts During Recession, Increases Per-Pupil Dollars

Jun. 24, 2012 / By

From the Huffington Post

The recession shifted the former balance in education funding, according to a report released yesterday by the U.S. Census Bureau.

For the first time in 16 years, local governments paid a higher share toward public education than states. The Public Education Finances report shows that public school systems received $593.7 billion in funding in 2010, an increase of 0.5 percent from the previous year. Local governments contributed 44.0 percent of that amount, almost equal to state sources at 43.5 percent, and followed by federal sources that provided the remaining 12.5 percent.

Revenue from state sources decreased by $18.0 billion, which represented a 6.5 percent decrease from 2009. This marks the largest decrease in state funding from the prior year since the Census Bureau began annually publishing school system finance reports in 1977.

Read more at http://www.huffingtonpost.com/2012/06/22/public-school-spending-sh_n_1619569.html?utm_hp_ref=education

 

 

 

 

 

 

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