Essentials Magazine Essentials Spring 2019 | Page 11

Educational Funding O ur nation’s 100,000 schools are the second largest U.S. infra- structure investment, after roads and bridges. Every weekday, 56 million children and adults — 1 in 6 of all Americans — set foot in a public school. They provide our nation’s children with a learning environment essential to their achievement and to the productivity of working parents and guardians serving as anchors in our communities. Public School Funding Breakdown States and school districts together spent about $1 trillion (2014$) on school construction capital outlay from fiscal year 1994 through 2013. The federal support for school facilities was less than one percent of this amount — mostly from FEMA to rebuild public schools destroyed by natural disasters. States provided widely varying levels of funding. Twelve states contributed no capital funding for local school district facilities, but on average, states contributed eighteen percent of school construction capital outlay from FY1994-2013. The local school districts carried the lion’s share for school construction capital outlay and contributed an average of 82% of the costs for school modernization, renovation, major systems and component renewals and new construction. This compares to the annual operating expen- ditures of school districts for FY14, where 9% of funds are from federal sources, 46% are from state sources, and 45% are from local sources. There are over 15,000 school districts responsible for public education across the country and they jealously guard local control of their public schools. Howev- er, this organization of public education finance for capital outlay leaves children from low-wealth school districts and inac- DISTRICTS NEED FACILITIES HELP Who Pays? 100% 80% 60% CAPITAL 40% OPERATING 20% 0 Local State Federal Data sources: U.S. Census of Governments F-33 Fiscal Survey, Table 235.2 Digest of Education Statistics, NCES