How do schools get funding?

According to the most recent Funding Gap report by the non-profit group The Education Trust, many states still provide the least amount of funding to school districts serving students with the greatest needs. In 1999, for example, Illinois’ funding gap was the second-largest in the nation. read more

However, most schools get their funding from the same type of sources, regardless of the percentages of the budget for each. For most public schools the funding comes from three different levels. The federal government does not officially fund or govern education; this is within the purview of each state. read more

Importantly, the increase in funds has been linked to accountability for results, ensuring taxpayers get their money's worth. Top; Federal funding for two main federal K-12 education programs will have increased by $9.3 billion since 2001, under the president's proposed budget. read more