May 18, 2023
Current Expenditures per Pupil for Public PreK–12 Education Increased in School Year 2020-21
While this isn’t K-12 distance, online, and/or blended learning, but the level of funding for students in each of these programs has a significant impact on student success.
Current Expenditures per Pupil for Public PreK–12 Education Increased in School Year 2020-21
Total revenues increased by 3 percent after adjusting for inflation (from $812.8 to $837.3 billion) from FY 20 to FY 21. Local revenues remained flat ($365.1 billion in each year), and State revenues decreased by 0.6 percent (from $385.9 to $383.8 billion. Federal revenues for education increased from 61.2 billion in FY 20 to 88.4 billion in FY 21― a 43.2 % increase. This stands in comparison to the 1.5% decrease in federal revenues for education between FY 19 and FY 20. Current expenditures per pupil for the day-to-day operation of public elementary and secondary schools rose to $14,295 in FY 21, an increase of 3.5 percent from FY 20, after adjusting for inflation.
These tables present state-level data on revenues by source and expenditures by function and object for public elementary and secondary education for school year 2020–21. Tables on district-level revenues and expenditures will be released later this year.
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- Source: https://virtualschooling.wordpress.com/2023/05/18/current-expenditures-per-pupil-for-public-prek-12-education-increased-in-school-year-2020-21/