Education Funding Report Roundup

Education Spending Yet to Reach Pre-Recession Levels

By Andrew Ujifusa — October 28, 2014 1 min read
  • Save to favorites
  • Print

The majority of states are funding schools below the levels reached a half-dozen years ago, before the Great Recession caused significant budget cuts, according to a report by a Washington think tank.

The Center on Budget and Policy Priorities, a Washington-based, center-left think tank, also found that among the 30 states still below fiscal 2008 levels, 14 have funding levels that are at least 10 percent lower than they were back then, after adjusting for inflation.

The three states with the biggest declines in funding from fiscal 2008 to fiscal 2015 are Oklahoma (a 23.6 percent drop), Alabama (down by 17.8 percent), and Arizona (17.5 percent lower), the center says in the report released this month.

Trends in School Funding

Thirty states spent less on schools in fiscal 2015 than they did in fiscal 2008, before the Great Recession hit. State education spending is up from 2008 levels, however, in 17 other states.

BRIC ARCHIVE

SOURCE: Center on Budget and Policy Priorities

That was true for the same three states in a previous report from the center comparing spending from fiscal 2008 to fiscal 2014.

Among the states with the biggest per-student spending hikes from fiscal 2008 to fiscal 2014, North Dakota and Alaska remained in the top three when comparing fiscal 2008 to fiscal 2015. Where funding has increased, however, it was generally not enough to make up for the previous cuts, according to the report.

Still, the group found that most states increased their per-student spending more recently, from fiscal 2014 to fiscal 2015.

Related Tags:

A version of this article appeared in the October 29, 2014 edition of Education Week as Education Spending Yet to Reach Pre-Recession Levels

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
School & District Management Webinar
Harnessing AI to Address Chronic Absenteeism in Schools
Learn how AI can help your district improve student attendance and boost academic outcomes.
Content provided by Panorama Education
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Science Webinar
Spark Minds, Reignite Students & Teachers: STEM’s Role in Supporting Presence and Engagement
Is your district struggling with chronic absenteeism? Discover how STEM can reignite students' and teachers' passion for learning.
Content provided by Project Lead The Way
Recruitment & Retention Webinar EdRecruiter 2025 Survey Results: The Outlook for Recruitment and Retention
See exclusive findings from EdWeek’s nationwide survey of K-12 job seekers and district HR professionals on recruitment, retention, and job satisfaction. 

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Funding Public Schools by the Numbers: How Enrollment, Funding, and More Changed in 2024
K-12 enrollment is dropping, funding is lagging economic growth, and other takeaways from newly available data.
4 min read
An illustration of a man standing on top of a large division symbol. There are a couple of coins on each of the circular parts of the division symbol and the man is holding a briefcase in one hand and looking through a magnifying glass with the other hand.
DigitalVision Vectors
Education Funding Will Trump Cut Climate Funds for Schools? Here's What Could Happen
Tax credits for energy-efficient HVAC systems and electric school buses could go away once Republicans take control of Congress.
8 min read
A close up photograph of an electric school bus charging at a charging station.
iStock/Getty
Education Funding Trump's Plans Would Disrupt Funding for Schools. What Would It Look Like?
School districts are bracing for a period of fiscal turbulence and whiplash that could strain their efforts to meet students’ complex needs.
12 min read
Image of a student desk sitting on top of a pile of books
Collage via iStock/Getty
Education Funding Billions of Dollars for School Buildings Are on the Ballot This November
Several large districts and the state of California hope to capitalize on interest in the presidential election to pass big bonds.
6 min read
Pink Piggy Bank with a vote sticker on the back and a blurred Capitol building in the distance.
iStock/Getty