ICFP Releases Education Funding Charts

Our collection of charts illuminates recent trends in the various funding sources for public schools: federal, state and local supplemental levies. Key findings include:

• Supplemental levies increased in real terms (adjusted for inflation and student growth) and grew relative to state funding
• Federal school funding increased during the recession and then tapered off, starting in Fiscal Year 2013
• Total state funding increased significantly in FY2016, but remains below FY2007 levels