ERIC Number: ED656592
Record Type: Non-Journal
Publication Date: 2023-Oct
Pages: 4
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
How Are Public Schools Funded? Splitting the Bill: A Bellwether Series on Education Finance Equity. #2
Alex Spurrier; Bonnie O'Keefe; Jennifer O'Neal Schiess
Bellwether
Public schools receive funding from three different government sources: local, state, and federal. Local and state governments contribute the majority of funding to support public school systems, while the federal government provides a small fraction (only about 8% on average). Even with recent infusions of federal funding related to the COVID-19 pandemic, the federal share remains the smallest. Three factors determine how much funding districts receive and from which sources: (1) Property value of homes and businesses within school district boundaries; (2) How many students the school district serves and their educational needs (e.g., special education services for students with disabilities or language supports for students learning English); and (3) State policies, including if and by how much the state funding formula adjusts for differences in student population among districts and in the ability of local districts to raise funding through local taxes.
Descriptors: Public Schools, Educational Finance, Financial Support, Federal Aid, State Aid, Local Government, School Districts, Resource Allocation, State Policy, Student Needs, Economic Factors, Taxes, Elementary Secondary Education, Funding Formulas
Bellwether. 650 Massachusetts Avenue, NW Suite 600, Washington, D.C. 20001. Tel: 877-636-0909; Web site: https://bellwether.org/
Related Records: ED656611, ED656612, ED656615, ED656614, ED656613, ED656604, ED656603, ED656601, ED656591, ED656600, ED656597, ED656598, ED656599, ED656605, ED656606, ED656608, ED656610
Publication Type: Reports - Descriptive
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: Bill and Melinda Gates Foundation
Authoring Institution: Bellwether
Grant or Contract Numbers: N/A