2018 Financial Condition Report

For Fiscal Year Ended March 31, 2018

Elementary and Secondary Education

New York State Ranks Highest in Nation in Per Pupil Spending

  • For the 2015-16 school year,* New York State was the highest among the states in per pupil expenditures for current public elementary and secondary education at $22,366, according to the U.S. Census Bureau. This amount is:
    • An increase of 5.5 percent from the previous year; and
    • 90 percent higher than the national average of $11,762 per pupil.
  • Between 2011-12 and 2015-16, per pupil spending has increased an average of 3.5 percent annually in New York State, compared to 2.7 percent for the nation.
Per Pupil Education Spending

Local Resources Represent the Largest Source of Funding

  • In 2016-17, support for public elementary and secondary schools came from the following sources:
    • State, $28.1 billion, including the School Tax Relief Program (STAR) of $2.8 billion;
    • Local, $38.1 billion; and
    • Federal, $2.8 billion.
  • In school budgets proposed for the 2018-19 school year, property tax levy increases averaged 2.4 percent, which is higher than the:
    • 1.7 percent average increase last year; and
    • 1.4 percent average annual increase from school years 2014-15 through 2018-19.
Federal, State and Local Funding for Elementary and Secondary Schools

Most recent available year.