U.S. public school districts spent an average of $8,287 per student in 2004. Vermont spending was $11,128 per student — 34% higher than the national average — ranking the third most expensive state education system in the nation. It is any wonder our property taxes are so high. Increasing the pupil-to-teacher ratio to the national average and creating smaller more autonomous schools could reduce costs substantially…
National Spending Per Student Rises to $8,287
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.
Public school systems spent $472.3 billion, up 4.1 percent from 2003. Spending on elementary-secondary instruction increased from $236.0 billion in 2003 to $245.2 billion in 2004. About $138.5 billion was spent on services that support elementary-secondary instruction, and $52.3 billion was spent on capital outlay.
Instructional salaries totaled $170.6 billion in 2004, up 2.2 percent from 2003.
The tabulations contain data on revenues, expenditures, debt and assets for all individual public elementary and secondary school systems.