America Counts: Stories Behind the Numbers Elementary and Secondary School Revenue and Spending Increased in Most Areas Elementary and secondary school revenues and spending increased in most areas in fiscal year (FY) 2020, despite the COVID-19 pandemic, according to the Census Bureau's Annual Survey of School System Finances released today. All but two of 36 reporting areas, spanning 35 states and the District of Columbia, had increased revenues for public school systems, according to preliminary FY 2020 finance data on elementary and secondary schools. All but five states reported an increase in total expenditure in FY 2020. Increased spending in instruction and teacher salaries offset notable decreases in spending on student transportation and food services in a school fiscal year that included a global pandemic. Continue reading to learn more about: - Some revenue and spending categories decrease
- How COVID-19 affected school finances over whole decade
- Final data release expected in May 2022
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