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U.S. public school districts spent an average of $8,287 per student in 2004, up from the previous year’s total of $8,019. In all, public elementary and secondary education received $462.7 billion from federal, state and local sources in 2004, up 5.1 percent from 2003.
Findings from the 2004 Annual Survey of Local Government Finances – School Systems show that New Jersey spent $12,981 per student in 2004 -- the most among states and state equivalents -- the U.S. Census Bureau reported today. Utah, at $5,008, spent the least per student.
New York ($12,930) and the District of Columbia ($12,801) were second and third in spending per student. Vermont ($11,128) and Connecticut ($10,788) rounded out the top five. Along with Utah, Idaho ($6,028), Arizona ($6,036), Oklahoma ($6,176) and Mississippi ($6,237) comprised the lowest five in money spent per student.
The state governments contributed the greatest share of public elementary and secondary school funding at $218.1 billion. In 2004, state governments contributed 47.1 percent of school funding, down from 49.0 percent in 2003. Local sources contributed 43.9 percent at $203.3 billion. The federal government’s share, which came to $41.3 billion in 2004, rose from 8.4 to 8.9 percent.
The tabulations contain data on revenues, expenditures, debt and assets for all individual public elementary and secondary school systems.