This statistical analysis report presents key findings and other data highlights from School-Level Finance Survey (SLFS) in school years 2015-16 and 2016-17. The report focuses on (1) the completeness and comparability of SLFS data and (2) how the SLFS can be utilized to evaluate differences in resource allocation (as measured by school-level expenditures) across schools, school districts, and states.

In discussing the findings, the report presents district- and state-aggregated information on school-level expenditure data collected through the SLFS, including:

• universe coverage and survey item response rates, by state;
• comparison of SLFS finance data with comparable state-level finance data collected through the National Public Education Financial Survey (NPEFS); and
• statistics on a wide variety of school-level expenditures (and school-level expenditures per pupil), by school characteristics such as urbanicity and school poverty indicators such as Title I eligibility.

The report also includes an assortment of tables and figures to support its key findings on school-level expenditures collected through the SLFS.

This report presents data on public elementary and secondary education revenues and expenditures at the local education agency (LEA) or school district level for fiscal year (FY) 2017. Specifically, this report includes finance data on the following topics:

• Current expenditure totals and current expenditure per pupil amounts by state as well as for the 100 largest LEAs;
• Federal, state, and local revenues for the 100 largest LEAs;
• Median revenues per pupil and median current expenditures per pupil by geographic region and locale;
• Current expenditure totals and current expenditure per pupil amounts by activity (e.g., instruction, support services) and specific expenditure (e.g., salaries and wages, employee benefits), by state and for the two largest LEAs in each state;
• Federal revenues received by LEAs, by program and state;
• Local revenues by source, by state; and
• Capital outlay expenditures by state.

• revenue and expenditure totals;
• revenues by source;
• expenditures by function and object;
• current expenditures; and
• current expenditures per pupil.

This report presents data on public elementary and secondary education revenues and expenditures at the local education agency (LEA) or school district level for fiscal year (FY) 2017. Specifically, this report includes finance data on the following topics:

• Current expenditure totals and current expenditure per pupil amounts by state as well as for the 100 largest LEAs;
• Federal, state, and local revenues for the 100 largest LEAs;
• Median revenues per pupil and median current expenditures per pupil by geographic region and locale;
• Current expenditure totals and current expenditure per pupil amounts by activity (e.g., instruction, support services) and specific expenditure (e.g., salaries and wages, employee benefits), by state and for the two largest LEAs in each state;
• Federal revenues received by LEAs, by program and state;
• Local revenues by source, by state; and
• Capital outlay expenditures by state.

The tables and figures introduce new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2017. Specifically, the tables include the following school finance data:

• revenue and expenditure totals;
• revenues by source;
• expenditures by function and object;
• current expenditures; and
• current expenditures per pupil.

This First Look report presents data on public elementary and secondary education revenues and expenditures at the local education agency (LEA) or school district level for fiscal year (FY) 2016. Specifically, this report includes findings for the following types of school district finance data:

• Current expenditure totals and current expenditure per pupil amounts by state and for the 100 largest LEAs;
• Federal, state, and local revenues for the 100 largest LEAs;
• Median revenues per pupil and median current expenditures per pupil by geographic region and locale;
• Current expenditure totals and current expenditure per pupil amounts by function and object, by state and for the two largest LEAs in each state;
• Federal revenues by program and local revenues by source, by state;
• Revenues per pupil by poverty quartile and state; and
• Capital outlay expenditures by state.