This research snapshot provides answers to some of the key questions about budgeted revenues and expenditures within U.S. public school systems. The questions are as follows: (1) Why is information about school district budgets important? (2) How are school district budgets generally allocated? (3) To what extent do districts' expenditures vary by community type, per-pupil expenditure level, enrollment size, and geographical regions? (4) How have allocations for instructional services changed over the years? (5) How much of school district budgets is generally set aside for staff salaries and other benefits? (6) Which (and how much) of school district services are generally contracted out? (7) How have the new testing requirements for No Child Left Behind affected school district budgets? (8) What else has shown a measurable impact on school district budgets this year? and (9) On what sources do school districts rely for funds, and how much does each source contribute? To provide answers to these questions, data on budgeted revenues and expenditures, gathered from the Educational Research Service National Survey of School Districts in Public Schools, 2002-03, are presented in this report. (Author)