K-12 Education Spending Spotlight: An in-depth look at school finance data and trends

In Politics by Michael Rae


Reason Foundation’s 2022 K-12 Education Spending Spotlight includes both real and nominal U.S. Census Bureau data for all 50 states dating back to 2002, which is the starting point for continuous state-level summary figures.

Reporting from the 2020 fiscal year is the most recent school finance data available at this time. Reason Foundation’s K-12 Education Spending Spotlight data analysis and dashboard with 2019 data can be found here.

2020 Data Highlights

Inflation-adjusted per-pupil education revenue increased in 49 of 50 states between 2002 and 2020. While spending went up, 22 states plus the District of Columbia saw declines in student enrollment during

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