Public schools are usually the most costly item in state and local
budgets. Yet despite tremendous and persistent spending growth in the
last half-century, the public vastly underestimates the true cost of
public education.
To better understand the source of this misperception, this report examines the spending data that all 50 state education departments make available to the public on their websites. It reveals that very few state education departments provide complete and timely financial data that is understandable to the general public.
Half of all states report a “per pupil expenditures” figure that leaves out major cost items such as capital expenditures, thereby significantly understating what is actually spent. Alaska does not even report per pupil expenditure figures at all.
Eight states fail to provide any data on capital expenditures on their education department websites. Ten states lack any data on average employee salaries and 41 states fail to provide any data on average employee benefits.
http://www.cato.org/cracking-books
To better understand the source of this misperception, this report examines the spending data that all 50 state education departments make available to the public on their websites. It reveals that very few state education departments provide complete and timely financial data that is understandable to the general public.
Half of all states report a “per pupil expenditures” figure that leaves out major cost items such as capital expenditures, thereby significantly understating what is actually spent. Alaska does not even report per pupil expenditure figures at all.
Eight states fail to provide any data on capital expenditures on their education department websites. Ten states lack any data on average employee salaries and 41 states fail to provide any data on average employee benefits.
http://www.cato.org/cracking-books
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