Skip Header

Largest Annual Increase in Public School Spending Since 2008

Education

Largest Annual Increase in Public School Spending Since 2008

Education

United States Invested More Than $694B on Elementary and Secondary Public School Education in Fiscal Year 2017

Component ID: #ti700425065

There are around 48.6 million children enrolled in public elementary and secondary education in the United States. But how much are we spending on their education?

The nation spent a total of $694.3 billion on public school systems in fiscal year 2017, up 4.4% from FY 2016, according to Census Bureau statistics released today.

It was the largest yearly increase in total expenditure since 2008.

Component ID: #ti550649960

School systems are spending more on teachers. Instructional salaries was the largest overall expenditure category: $229.2 billion in FY 2017, accounting for 33.0% of total spending.

Component ID: #ti1575557832

The increase in public school spending is happening at a time when the gross domestic product (GDP) reached an all-time high in 2017, according to the U.S. Bureau of Economic Analysis.

The five states that had the highest percentage increases in total expenditure from FY 2016 to FY 2017 are the District of Columbia (13.7%), Nevada (9.5%), Texas (7.6%), Idaho (7.6%) and Tennessee (6.9%).

While total expenditure increased by 4.4%, total revenue increased by 3.4% compared to 2016.

Component ID: #ti399409164

The total expenditure for elementary and secondary education included 88.0% in current spending ($610.9 billion), and 9.0% in capital outlay ($62.2 billion).

Current spending is comprised of expenses for day-to-day activities, including salaries for teachers and most other school system employees.

School systems are spending more on teachers. Instructional salaries was the largest overall expenditure category: $229.2 billion in FY 2017, accounting for 33.0% of total spending.

Overall, per pupil expenditure in the United States is up 3.8% from 2016, to $12,214 per student. Spending on instructional activities made up 60.6% ($370.5 billion) and support services made up 34.3% ($209.4 billion).

These statistics come from the 2017 Census of Governments: Finance — Annual Survey of School System Finances. Education finance data include revenues, expenditures, debt and assets (cash and security holdings) of elementary and secondary (prekindergarten through 12th grade) public school systems.

Statistics cover school systems in all states, and include the District of Columbia. These statistics are not adjusted for cost-of-living differences between geographic areas.

The Census Bureau is exploring the possibility of a data product that would use the newly released Comparable Wage Index for Teachers from the National Center for Education Statistics. The index adjusts school system financial data for cost-of-living differences.

Component ID: #ti1819725589

 

Erika Chen is a survey statistician in the Census Bureau’s Educational Finance Branch in the Economic Reimbursable Surveys Division.

 

Component ID: #ti414844767
Component ID: #ti354304447
Component ID: #ti1374416821
Component ID: #ti1414951563
Component ID: #ti2058706635

 

About

America Counts tells the stories behind the numbers in a new inviting way. We feature stories on various topics such as families, housing, employment, business, education, the economy, emergency preparedness, and population. Contact our Public Information Office for media inquiries or interviews.

 

All of Our Content

The entire list of stories is available to you.

Use the hashtag #AmericaCounts to share this story on social media.

 

This story was posted in: Education


Tags: Education
X
  Is this page helpful?
Thumbs Up Image Yes    Thumbs Down Image No
X
Comments or suggestions?
No, thanks
255 characters remaining
X
Thank you for your feedback.
Comments or suggestions?
Back to Header