MAY 18, 2021 — According to new Annual Survey of School System Finances tables, released today by the U.S. Census Bureau, per pupil spending for elementary and secondary public education (pre-K through 12th grade) for all 50 states and the District of Columbia increased by 5.0% to $13,187 per pupil during the 2019 fiscal year, compared to $12,559 per pupil in 2018. This is the largest increase in more than a decade. Data for this report covers the fiscal year before the COVID-19 pandemic.
The spending increase was due in part to an overall increase in revenue. In 2019, public elementary and secondary schools received $751.7 billion from all revenue sources, up 4.5% from $719.0 billion in 2018.
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These statistics come from the 2019 Annual Survey of School System Finances. Education finance data include revenues, expenditures, debt and assets (cash and security holdings). Statistics are not adjusted for cost of living differences between geographic areas. A preliminary version of the fiscal year 2020 data will be released in the fall of 2021.
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