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Costrell, Robert M.; Hitt, Collin; Shuls, James V. – Educational Researcher, 2020
In this brief, we examine an important but obscure form of state spending on K-12 education-state subsidies of school district pension costs. In 2018, this exceeded $19 billion across 23 states. To put that amount into perspective, 2018 federal spending on Title I programs was $15.8 billion. This revenue stream is often ignored in analyses of…
Descriptors: Retirement Benefits, State Aid, Educational Finance, Elementary Secondary Education