top of page
Search

At the Core of Education Resources

Updated: Nov 21, 2021

Speaking of education resources, what comes to mind are facilities, technologies, teachers, and after-school programs. At the core of these resources is money. Where does this money come from?


According to this article, An Overview of the Funding of Public Schools, (https://www.publicschoolreview.com/blog/an-overview-of-the-funding-of-public-schools) "...public school funding comes from a variety of sources at the local, state and federal level. Approximately 48 percent of a school's budget comes from state resources, including income taxes, sales tax, and fees. Another 44 percent is contributed locally, primarily through the property taxes of homeowners in the area. The last eight percent of the public education budget comes from federal sources, with an emphasis on grants for specific programs and services for students that need them."


In Connecticut, the breakdown leans towards local property tax revenue, accounting for 58 percent of public school funding, the state at approximately 37.2 percent, and the remaining approximately 5 percent from the federal government. How Connecticut allocates funding depends on particular formulas based primarily on school type (the state uses more than 10.)


Source: https://ctschoolfinance.org/issues/how-ct-funds-education


According to the CT Mirror, "The state's school funding formula is failing to bridge the divide between what rich and poor towns can afford to spend on educating their students. To close these yawning disparities, the state needs to spend anywhere from an additional $338 million to $1.7 billion more a year." One analysis cited by the CT Mirror also found that "Connecticut has the strongest spending disparities in the U.S and individual school districts here are among the most disadvantaged financially in the country."

(source: https://ctmirror.org/2020/09/17/school-funding-falls-far-short-of-leveling-the-playing-field-for-ct-students/)


Surprising, isn't it?




152 views0 comments

Recent Posts

See All

If the idea of Universal Basic Income (UBI) sounds unrealistic, wouldn’t raising the pay to low-income workers be a quick and effective way to reduce the income gap between the haves and have nots? So

bottom of page