Census Bureau Releases New Public Education Finance Data
June 2, 2015 — Per pupil spending for the nation was $10,700 during fiscal year 2013, a 0.9 percent increase from 2012, but varied heavily among states with a high of $19,818 in New York and a low of $6,555 in Utah.
Today’s findings come from Public Education Finances: 2013, which provides figures on revenues, expenditures, debt and assets (cash and security holdings) for the nation’s elementary and secondary public school systems. The report and tables, released annually, include detailed statistics on spending — such as instruction, student transportation, salaries and employee benefits — at the national, state and school district levels.
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Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts
Wednesday, June 3, 2015
Per Pupil Spending Varies Heavily Across the United States
Monday, May 25, 2015
Consumer spending on entertainment by household income in 2013
Entertainment has long been a household budget staple. In 2013, the average household spent $2,482 on entertainment, or 4.9 percent of total household spending. Income affects most household spending patterns. In other words, the higher the household income, the greater the dollar amount spent on goods and services in general.
In 2013, the group with the lowest household income—the lowest 20 percent—spent around $1,000 on entertainment. They spent the most on audio and visual equipment ($548). The highest 20-percent income group spent more than double on entertainment what the third 20-percent group spent ($5,133 versus $1,997, respectively).
More from Bureau of Labor Statistics
In 2013, the group with the lowest household income—the lowest 20 percent—spent around $1,000 on entertainment. They spent the most on audio and visual equipment ($548). The highest 20-percent income group spent more than double on entertainment what the third 20-percent group spent ($5,133 versus $1,997, respectively).
More from Bureau of Labor Statistics
Friday, March 20, 2015
Consumer spending by age group in 2013
Housing was the largest spending category among all households in 2013. Consumers ages 25 to 34 had the highest share of spending on housing (35.8 percent). Consumers ages 45 to 54 had the lowest share (31.4 percent).
In 2013, consumers under age 25 had the highest share of overall spending on food away from home, at 6.9 percent. This age group also had the highest shares of total spending on education (6.8 percent), apparel and services (5.0 percent), and alcoholic beverages (1.2 percent).
Consumers age 65 and older spent a higher share on healthcare, 12.2 percent of total spending, than other age groups. Consumers ages 55 to 64 had the next-highest healthcare share (7.8 percent), followed by those ages 45 to 54 (6.3 percent).
More from the BLS.
In 2013, consumers under age 25 had the highest share of overall spending on food away from home, at 6.9 percent. This age group also had the highest shares of total spending on education (6.8 percent), apparel and services (5.0 percent), and alcoholic beverages (1.2 percent).
Consumers age 65 and older spent a higher share on healthcare, 12.2 percent of total spending, than other age groups. Consumers ages 55 to 64 had the next-highest healthcare share (7.8 percent), followed by those ages 45 to 54 (6.3 percent).
More from the BLS.
Tuesday, December 16, 2014
State and Local Government Spending Grows Faster Than Revenue
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Saturday, May 24, 2014
For the First Time, Public Education Revenue Decreases in 2012
Public elementary and secondary education revenue declined in fiscal year 2012 for the first time since 1977, when the U.S. Census Bureau began collecting public education finance data on an annual basis. According to new Census Bureau findings released this week, public elementary and secondary school systems received $594.5 billion in total revenue in fiscal year 2012, down $4.9 billion (0.8 percent) from fiscal year 2011.
The findings come from Public Education Finances: 2012. These statistics provide figures on revenues, expenditures, debt and assets (cash and security holdings) of the nation’s elementary and secondary public school systems. The report, released annually, includes detailed statistics on spending — such as instruction, student transportation, salaries and employee benefits — at the national, state and school district levels.
State governments were the leading source of revenue ($270.4 billion), closely followed by revenue from local sources ($264.6 billion); almost two-thirds (65.3 percent) of revenue from local sources came from property taxes. Public school systems received $59.5 billion in revenue from the federal government, a decrease of $14.2 billion (19.2 percent) from the previous fiscal year.
The 50 states and the District of Columbia spent $10,608 per student on public elementary and secondary education in 2012, the same amount as 2011. All nine states in the Northeast were ranked among the 15 states with the highest spending per pupil (not including capital outlay or expenditure on long-term debt) in 2012. Out of the 20 states with the lowest spending per pupil, 18 were in the South or West.
The top spenders per pupil were New York ($19,552), the District of Columbia ($17,468), Alaska ($17,390), New Jersey ($17,266) and Connecticut ($16,274).
For the third year in a row there was a decline in total expenditures, which decreased to $593.8 billion, a $2.5 billion (0.4 percent) decrease from the previous year.
For the first time, these statistics can be found in American FactFinder, one of the Census Bureau’s data research tools.
Monday, January 23, 2012
Scarcity of women causes men to spend more, save less
A scarcity of women doesn't just dampen men's spirits — it could hurt their finances, too.
When men think they outnumber women, they borrow more, save less and make more impulse purchases, according to a study published last week by the University of Minnesota's Carlson School of Management.
The rest of the story HERE.
The news release about the study HERE.
When men think they outnumber women, they borrow more, save less and make more impulse purchases, according to a study published last week by the University of Minnesota's Carlson School of Management.
The rest of the story HERE.
The news release about the study HERE.
Wednesday, May 25, 2011
Public School Systems Spend $10,499 Per Pupil in 2009
Public school systems spent an average of $10,499 per pupil in fiscal year 2009, a 2.3 percent increase over 2008, according to data released today by the U.S. Census Bureau. Public schools in New York spent more than any other state or state equivalent, with $18,126 per pupil in 2009. The District of Columbia ($16,408), New Jersey ($16,271), Alaska ($15,552) and Vermont ($15,175) had the next-highest spending. (See table 11.)
These data come from Public Education Finances: 2009 [PDF], which provides tables on revenues, expenditures, debt and assets (cash and security holdings) of elementary and secondary public school systems with data for the nation, states and school districts. The tables also include more detailed data on spending, such as instruction, transportation and salaries, among others.
“Most children in the United States rely on public schools for their education, so it’s important for people to understand how available resources are being spent within the public education system,” said Lisa Blumerman, chief of the Census Bureau’s Governments Division. “These data provide a detailed look at how taxpayer money is being spent on education.”
States or state equivalents that saw the largest percent increases in per pupil spending from 2008 to 2009 were the District of Columbia (12.4 percent), Utah (10.3 percent), Minnesota (9.4 percent), North Carolina (7.4 percent) and Maine (6.3 percent).
Public school systems received $590.9 billion in funding in 2009, up 1.5 percent from the prior year. Of that amount, state governments contributed $276.2 billion (46.7 percent), followed by revenue raised from local sources, which contributed $258.9 billion (43.8 percent), and federal sources, which provided the remaining $55.9 billion (9.5 percent).
Total spending by public school systems was $604.9 billion in 2009, a 2.0 percent increase from the prior year. Total current spending was $517.7 billion (85.6 percent), of which $311.9 billion went to instruction.
Total school district debt increased by 5.8 percent to $399.1 billion in 2009.
Other highlights:
- States and state equivalents that spent the least per pupil were Utah (6,356), Idaho ($7,092), Arizona ($7,813), Oklahoma ($7,885) and Tennessee ($7,897).
- Instructional salaries accounted for the largest spending category for public elementary and secondary education, totaling $209.0 billion in 2009. (See Table 6.)
- Property taxes accounted for 65.2 percent of revenue for public school systems from local sources.
- The $258.9 billion in funding schools received from local sources included $227.7 billion (87.9 percent) from taxes and local government appropriations.
These data come from Public Education Finances: 2009 [PDF], which provides tables on revenues, expenditures, debt and assets (cash and security holdings) of elementary and secondary public school systems with data for the nation, states and school districts. The tables also include more detailed data on spending, such as instruction, transportation and salaries, among others.
“Most children in the United States rely on public schools for their education, so it’s important for people to understand how available resources are being spent within the public education system,” said Lisa Blumerman, chief of the Census Bureau’s Governments Division. “These data provide a detailed look at how taxpayer money is being spent on education.”
States or state equivalents that saw the largest percent increases in per pupil spending from 2008 to 2009 were the District of Columbia (12.4 percent), Utah (10.3 percent), Minnesota (9.4 percent), North Carolina (7.4 percent) and Maine (6.3 percent).
Public school systems received $590.9 billion in funding in 2009, up 1.5 percent from the prior year. Of that amount, state governments contributed $276.2 billion (46.7 percent), followed by revenue raised from local sources, which contributed $258.9 billion (43.8 percent), and federal sources, which provided the remaining $55.9 billion (9.5 percent).
Total spending by public school systems was $604.9 billion in 2009, a 2.0 percent increase from the prior year. Total current spending was $517.7 billion (85.6 percent), of which $311.9 billion went to instruction.
Total school district debt increased by 5.8 percent to $399.1 billion in 2009.
Other highlights:
- States and state equivalents that spent the least per pupil were Utah (6,356), Idaho ($7,092), Arizona ($7,813), Oklahoma ($7,885) and Tennessee ($7,897).
- Instructional salaries accounted for the largest spending category for public elementary and secondary education, totaling $209.0 billion in 2009. (See Table 6.)
- Property taxes accounted for 65.2 percent of revenue for public school systems from local sources.
- The $258.9 billion in funding schools received from local sources included $227.7 billion (87.9 percent) from taxes and local government appropriations.
Friday, December 24, 2010
Personal Health Care Spending Differs by Gender, Age
http://content.healthaffairs.org/content/early/2010/12/07/hlthaff.2010.0216.full Pronounced Gender And Age Differences Are Evident In Personal Health Care Spending Per Person
The research of Health Affairs found significant variations in per person spending by gender across age groups, health services, and types of payers. For example, in 2004 per capita health care spending for females was 32 percent more than for males. Per capita differences were most pronounced among the working-age population, largely because of spending for maternity care. Except for children, total spending for and by females was greater than that for and by males, for most services and payers. The gender difference in total spending was most pronounced in the elderly, as a result of the longer life expectancy of women.
The research of Health Affairs found significant variations in per person spending by gender across age groups, health services, and types of payers. For example, in 2004 per capita health care spending for females was 32 percent more than for males. Per capita differences were most pronounced among the working-age population, largely because of spending for maternity care. Except for children, total spending for and by females was greater than that for and by males, for most services and payers. The gender difference in total spending was most pronounced in the elderly, as a result of the longer life expectancy of women.
Wednesday, November 17, 2010
Have Consumers Become More Frugal?
The Federal Reserve Bank of New York released its Quarterly Report on Household Debt and Credit for the third quarter of 2010, which shows that consumer debt continues its downward trend of the previous seven quarters, though the pace of decline has slowed recently. Since its peak in the third quarter of 2008, nearly $1 trillion has been shaved from outstanding consumer debts.
Additionally, this quarter’s supplemental report addresses for the first time the question of how this decline has been achieved and notes a sharp reversal in household cash flow from debt, indicating a decrease in available funds for consumption.
More HERE.
Quoting the American Consumers Newsletter: At the household level, the Consumer Expenditure Survey shows the same pattern. Household spending peaked in 2006 at $51,688. In 2008, the average household spent $50,486, or $1,200 less after adjusting for inflation. On many categories of products and services, the average household reversed the direction of its spending in the 2006-08 time period compared with the 2000-06 time period. Here are the 10 most telling U-turns in consumer spending:
1. RESTAURANTS: +8 percent to -6 percent. Americans are spending more on groceries.
2. MORTGAGE INTEREST: +21 percent to -5 percent. No age group has been hit as hard as 35-to-44-year-olds.
3. STATIONERY AND GIFT WRAP: +15 percent to -11 percent. Is there anything more discretionary than gift wrap?
4. DAY CARE: +16 percent to -8 percent. As the unemployment rate climbed, spending on day care fell.
5. FURNITURE: +1 percent to -22 percent. Houses were selling furiously during the housing boom, but spending on furniture was surprisingly lackluster.
6. HOUSEHOLD TEXTILES: +24 percent to -23 percent Towels, sheets, blankets, curtains.
7. BABY CLOTHES: 0 percent to -9 percent. When the recession set in, the number of births began to fall, and so did spending on baby clothes.
8. DRUGS: +6 percent to -12 percent. Behind the decline is the Medicare Prescription Drug Plan, which went into effect in 2006.
9. ADMISSIONS TO ENTERTAINMENT EVENTS: +1 percent to -5 percent During the downturn, households continued to spend on high-definition television sets. But they cut back on other entertainment categories.
10. CASH CONTRIBUTIONS: +34 percent to -13 percent. Donations to charities are plummeting, says the Chronicle of Philanthropy.
American consumers spent $330 billion a year in borrowed dollars between 2000 and 2007, according to the Fed study. Now those dollars--and many of the businesses they built--are gone for good.
Additionally, this quarter’s supplemental report addresses for the first time the question of how this decline has been achieved and notes a sharp reversal in household cash flow from debt, indicating a decrease in available funds for consumption.
More HERE.
Quoting the American Consumers Newsletter: At the household level, the Consumer Expenditure Survey shows the same pattern. Household spending peaked in 2006 at $51,688. In 2008, the average household spent $50,486, or $1,200 less after adjusting for inflation. On many categories of products and services, the average household reversed the direction of its spending in the 2006-08 time period compared with the 2000-06 time period. Here are the 10 most telling U-turns in consumer spending:
1. RESTAURANTS: +8 percent to -6 percent. Americans are spending more on groceries.
2. MORTGAGE INTEREST: +21 percent to -5 percent. No age group has been hit as hard as 35-to-44-year-olds.
3. STATIONERY AND GIFT WRAP: +15 percent to -11 percent. Is there anything more discretionary than gift wrap?
4. DAY CARE: +16 percent to -8 percent. As the unemployment rate climbed, spending on day care fell.
5. FURNITURE: +1 percent to -22 percent. Houses were selling furiously during the housing boom, but spending on furniture was surprisingly lackluster.
6. HOUSEHOLD TEXTILES: +24 percent to -23 percent Towels, sheets, blankets, curtains.
7. BABY CLOTHES: 0 percent to -9 percent. When the recession set in, the number of births began to fall, and so did spending on baby clothes.
8. DRUGS: +6 percent to -12 percent. Behind the decline is the Medicare Prescription Drug Plan, which went into effect in 2006.
9. ADMISSIONS TO ENTERTAINMENT EVENTS: +1 percent to -5 percent During the downturn, households continued to spend on high-definition television sets. But they cut back on other entertainment categories.
10. CASH CONTRIBUTIONS: +34 percent to -13 percent. Donations to charities are plummeting, says the Chronicle of Philanthropy.
American consumers spent $330 billion a year in borrowed dollars between 2000 and 2007, according to the Fed study. Now those dollars--and many of the businesses they built--are gone for good.
Monday, October 25, 2010
Election-Related Spending by Political Committees & Non-Profits Up 40% in 2010
Report Prepared for a Conference on the Impact of Citizens United
Jointly Sponsored by the Campaign Finance Institute and the University of Virginia’s Miller Center of Public Affairs
One part of the 2010 election spending story is based on publicly reportable activities. Non-party independent campaign spending in congressional elections is up by a very noticeable 73% in mid-October 2010, compared to the same time in 2008. In these reports, support for Republicans has nearly tripled from the mid-October level for 2008. There has already been more independent spending and electioneering in 2010 than in the full election cycle of 2008 – and this is before the traditionally heavy-spending final weeks of the campaign.
Jointly Sponsored by the Campaign Finance Institute and the University of Virginia’s Miller Center of Public Affairs
One part of the 2010 election spending story is based on publicly reportable activities. Non-party independent campaign spending in congressional elections is up by a very noticeable 73% in mid-October 2010, compared to the same time in 2008. In these reports, support for Republicans has nearly tripled from the mid-October level for 2008. There has already been more independent spending and electioneering in 2010 than in the full election cycle of 2008 – and this is before the traditionally heavy-spending final weeks of the campaign.
Tuesday, May 4, 2010
Monday, April 12, 2010
Thursday, April 1, 2010
Wednesday, March 17, 2010
Updated Legislative Spending Posted on Internet
Office expenditures of individual state Senators and Assembly members for the six months ending September 30, 2009, the latest period for which data are available, have been posted in a searchable format on the Empire Center's government transparency website, SeeThroughNY.net.
The full text of this press release is available here.
Contact: Lise Bang-Jensen
518.434.3100
The full text of this press release is available here.
Contact: Lise Bang-Jensen
518.434.3100
Wednesday, February 3, 2010
Legislative Spending Posted on Internet
Office expenditures of individual state Senators and Assembly members for the fiscal year ending March 31, 2009 have been posted in a searchable format on the Empire Center's government transparency web site, www.SeeThroughNY.net.
The full text of this press release is available here.
Contact: Lise Bang-Jensen
518.434.3100
The full text of this press release is available here.
Contact: Lise Bang-Jensen
518.434.3100
Tuesday, December 8, 2009
Wednesday, November 18, 2009
New Yorkers Can Compare School Spending Online
The often opaque world of school finances has become more transparent thanks to Benchmarking New York, which allows New Yorkers to analyze how their school districts spend money and to compare them to nearly 700 other districts around the state.
For the full text of this press release and a regional breakdown of total and instructional spending per pupil, click here.
Contact: Lise Bang-Jensen, 518.434.3100
For the full text of this press release and a regional breakdown of total and instructional spending per pupil, click here.
Contact: Lise Bang-Jensen, 518.434.3100
Thursday, October 29, 2009
Beige Book – October 21, 2009
Source: Federal Reserve Board
Reports from the 12 Federal Reserve Districts indicated either stabilization or modest improvements in many sectors since the last report, albeit often from depressed levels. Leading the more positive sector reports among Districts were residential real estate and manufacturing, both of which continued a pattern of improvement that emerged over the summer. Reports on consumer spending and nonfinancial services were mixed. Commercial real estate was reported to be one of the weakest sectors, although reports of weakness or moderate decline were frequently noted in other sectors.
Reports of gains in economic activity generally outnumber declines, but virtually every reference to improvement was qualified as either small or scattered. For example, Dallas cited slight improvements residential real estate and staffing firms, while New York noted gains only in a few sectors (predominantly manufacturing and retail). Retail and manufacturing conditions were mixed in Boston, but some signs of improvement were reported. New York, Philadelphia, Cleveland, and San Francisco cited small pickups in manufacturing activity. In the Kansas City District, an uptick was noted in technology firms, while services firms posted revenue gains in Richmond. However, conditions were referred to as stable or flat for business services and tourism firms in Minneapolis and agriculture in St. Louis and Kansas City.
The weakest sector was commercial real estate, with conditions described as either weak or deteriorating across all Districts. Banking also faltered in several Districts, with Kansas City and San Francisco noting continued erosion in credit quality (often with more expected in the future). One bright spot in the banking sector was lending to new homebuyers, in response to the first-time homebuyer tax credit. Finally, labor markets were typically characterized as weak or mixed, but with occasional pockets of improvement.
Reports from the 12 Federal Reserve Districts indicated either stabilization or modest improvements in many sectors since the last report, albeit often from depressed levels. Leading the more positive sector reports among Districts were residential real estate and manufacturing, both of which continued a pattern of improvement that emerged over the summer. Reports on consumer spending and nonfinancial services were mixed. Commercial real estate was reported to be one of the weakest sectors, although reports of weakness or moderate decline were frequently noted in other sectors.
Reports of gains in economic activity generally outnumber declines, but virtually every reference to improvement was qualified as either small or scattered. For example, Dallas cited slight improvements residential real estate and staffing firms, while New York noted gains only in a few sectors (predominantly manufacturing and retail). Retail and manufacturing conditions were mixed in Boston, but some signs of improvement were reported. New York, Philadelphia, Cleveland, and San Francisco cited small pickups in manufacturing activity. In the Kansas City District, an uptick was noted in technology firms, while services firms posted revenue gains in Richmond. However, conditions were referred to as stable or flat for business services and tourism firms in Minneapolis and agriculture in St. Louis and Kansas City.
The weakest sector was commercial real estate, with conditions described as either weak or deteriorating across all Districts. Banking also faltered in several Districts, with Kansas City and San Francisco noting continued erosion in credit quality (often with more expected in the future). One bright spot in the banking sector was lending to new homebuyers, in response to the first-time homebuyer tax credit. Finally, labor markets were typically characterized as weak or mixed, but with occasional pockets of improvement.
Sunday, August 2, 2009
New York Leads in Per-Pupil Public Education Spending at Nearly $16,000
Public schools in New York spent $15,981 per pupil in 2007, which was more than any other state or state equivalent, according to new data released by the U.S. Census Bureau. (See Table 11.) New Jersey ($15,691) and the District of Columbia ($14,324) had the next-highest spending. States spending the least per pupil were Utah ($5,683), Idaho ($6,625) and Tennessee ($7,113).
On average, each state spent $9,666 per pupil in 2007, a 5.8 percent increase over 2006. Of total public school financing, state governments contributed 47.6 percent, followed by local sources, which contributed 44.1 percent, and federal sources, which made up the remaining 8.3 percent.
On average, each state spent $9,666 per pupil in 2007, a 5.8 percent increase over 2006. Of total public school financing, state governments contributed 47.6 percent, followed by local sources, which contributed 44.1 percent, and federal sources, which made up the remaining 8.3 percent.
Tuesday, July 28, 2009
Federal Domestic Spending Increases 9.3 Percent in FY ’08
The federal government obligated nearly $2.79 trillion in domestic spending for fiscal year 2008, up 9.3 percent from 2007, according to a report released by the U.S. Census Bureau. That’s equivalent to a total of $9,184 per person living in the United States. Entitlement programs Medicare, Medicaid and Social Security comprised 48 percent of all federal spending, accounting for $1.35 trillion. Of that amount, $659 billion went to Social Security. The one-year increase in spending for these three programs was approximately $359 for every person in the United States.
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