According to a new report published by the Education Data Initiative on US Public Education Spending, New York schools rank 1st in spending and 1st in funding, spending the most of any state, $25,520 per pupil annually from K-12.
Why should you care? Because funding for public education comes from local municipalities, state budgets, and the federal government. In New York State, funding comes from approximately 5% from federal sources, 49% from State formula aids and grants, and 46% from revenues raised locally. School taxes are a significant portion of your property taxes. Attend school board meetings and make your voice heard during the budget process.