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
State and local governments. According to the National Center for Education Statistics, state and local funding accounts for approximately 93 percent of education expenditures. read more
In the 2004-05 school year, 83 cents out of every dollar spent on education is estimated to come from the state and local levels (45.6 percent from state funds and 37.1 percent from local governments). read more