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) 2022. Specifically, this report includes the following types of school district finance data:

• revenue, current expenditure, and capital outlay expenditure totals;
• revenues by source;
• current expenditures by function and object;
• revenues and current expenditures per pupil;
• and revenues and expenditures from COVID-19 Federal Assistance Funds.

This publication includes tables with data on public elementary and secondary education revenues and expenditures at the local education agency (LEA) or school district level for fiscal year (FY) 2021. Specifically, the tables include 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 finance tables introduce new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2021. Specifically, the tables include the following school finance data:

• revenue and expenditure totals;
• revenues by source;
• expenditures by function and object;
• current expenditures;
• revenues and current expenditures per pupil
• expenditures from Title I funds; and
• revenue and expenditures from COVID-19 Federal Assistance Funds.

This publication includes tables with data on public elementary and secondary education revenues and expenditures at the local education agency (LEA) or school district level for fiscal year (FY) 2020. Specifically, the tables include 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 finance tables and figures introduce new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2020. 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.