Spending Increased 4.5% in 2004-2005
MDR’s research team has completed our annual update of K-12 public school financial data and the news is good, with total school expenditures increasing to approximately $370 billion and spending for instructional materials growing by 5% over the 2003-2004 school year.
This marks the second consecutive year of spending increases and certainly indicates a healthy education market climate. This data is valuable because it reflects actual expenditures rather than forecasts or budget estimates.
All Instructional Materials
Per Pupil Spending 2001-2005
($ per pupil)
In all, 21 states spent more than the national average of $237.31 per pupil on instructional materials in the 2004-2005 school year. The top five states were:
| 1. | Wyoming | $377.32 |
| 2. | Montana | $355.33 |
| 3. | Alaska | $346.88 |
| 4. | Massachusetts | $335.65 |
| 5. | New Jersey | $328.10 |
| MDR’s All Instructional Materials (AIM) data gives you the market’s truest picture of schools’ real spending on instructional materials and is more accurate than aggregated data based on government census survey data, which combines this spending category with other expense data, such as teachers’ salaries, support services, and more. For additional information about this unique MDR data point and how to use it effectively in your upcoming sales and marketing programs, talk directly to your MDR Representative. |
backMDR • www.schooldata.com • (800) 333-8802