Thursday, December 06, 2012

California budget spends less on education

by Laura Rosenhall


Education may be the largest single segment of California's budget, but the state proportionately spends less of its money on elementary and high schools and colleges than the national average, according to a new Census Bureau report.
The statistic is gleaned from the bureau's annual report on state government finances, the latest of which covers 2011.
The report tallies California's "general expenditures" last year at just under $225 billion -- spending from both the state's own taxes and other resources as well as $64.5 billion in federal funds. Education is almost $75 billion of that, according to the report -- or exactly one-third, somewhat below the national average of 35.8 percent.
California's level of education spending in 2011 was fractionally lower than in 2010. Other states ranged from a high of 46.6 percent in Georgia to a low of 24.9 percent in Alaska.

Read more here: http://blogs.sacbee.com/capitolalertlatest/#storylink=cpy

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