New York leads nation in school spending
If money leads to better education, New York's students should be the best in the land.
New York spends more on education per-pupil than any other state in the nation, and also leads the way in teacher salaries per-pupil and tax revenue per $1,000 of personal income, according to a press release from the Business Council of New York State.
- New York spends $15,981 per student, 65 percent above the national average of $9,666.
- The amount of spending per per-pupil on teacher salaries is #1 at $7,229, which is 81 percent above the national average.
- Employee benefits per-pupil also leads the nation at $2,980.
- Per-pupil revenue from local sources was $8,875, which is 75 percent above the national average.
- New York spent $37.16 on schools for every $1,000 of personal income in the 2006-2007 school year, or 42 percent above the national average.
- The state collected more than $5,100 per pupil in property taxes that year -- the fifth highest per-pupil property tax collection in the nation and 60 percent above the national average.
The press release cites the Public Policy Institute of New York State as the source of the data.