Spending on K-12 education could take a hit for the first time in a decade, as Gov. Gavin Newsom faces economic headwinds and middling property-tax revenues.
Record-high state tax revenues last year have made way for increased education spending in governors’ proposed budgets for the upcoming fiscal year.
Profile of a Key K-12 Market: California
District Leaders Are Cautiously Optimistic About State Funding Outlook, Continue to Roll Out Millions in One-Time Spending
School systems across the state of nearly 6 million public school students are investing in extended learning time, transitional kindergarten, and community schools.
The increase in FY 2022 is more modest in comparison to 2021, when federal pandemic aid increased the money flow to state budgets.
How November’s State Elections Will Shape the K-12 Market
Candidates Are Running on Promises to Expand School Choice and Restrict Lessons on Racism
Candidates are running on promises to expand school funding, and in some cases impose further restrictions on classroom lessons about racism.
States Collect Record-High Tax Revenues. How This Could Influence K-12 Spending
Governors Plan to Boost K-12 Funding Next Year Despite Projections for Slower Growth
The record-high revenues are helping states invest in K-12 schools, with teacher recruitment and retention high on the spending priority list.
Profile of a Key K-12 Market: Pennsylvania
New State Money Pads District Budgets, but Staffing Shortages, Inflation Expected to Affect Spending
School district leaders in Pennsylvania warn that a newly approved increase in state funding will be offset by other challenges.
Profile of a Key K-12 Market: New York State
Districts Are Flush With New State and Federal Funds, and They're Investing in Mental Health, Ed Tech, and Academic Intervention
District officials across the state expect to benefit from an infusion of state and federal money, and are planning new spending on mental health and academic recovery.
Backed with unprecedented federal funding to weather the pandemic, states collectively spent an estimated $483 billion on K-12 during fiscal 2021, a year-over-year increase of 12.3 percent, according to a new analysis.
State spending on K-12 education is expected to rise nationally by $23.9 billion this fiscal year, a sharp contrast over last year’s numbers, a new analysis finds.