This report provides the most detailed state-level financial information in a decade as it presents revenues and expenditures for public elementary and secondary schools for the 1989-90 school year from the U.S. Department of Education's National Center for Education Statistics (NCES). The statistics are based on data provided by state education agencies from their administrative records through the expanded "National Public Education Financial Survey." The survey is one component of the Common Core of Data (CCD) surveys conducted annually by NCES, which provide basic descriptive information about the numbers of students and staff and the financing of public elementary and secondary schools. Contents of this report include information on public elementary-secondary education expenditures, total and current expenditures, core educational expenditures, and instruction-related and noninstruction-related expenditures. For the first time in over a decade, NCES reports on local school district facilities acquisition and construction. Seven figures, 45 tables, and definitions are included. (LMI)