Operating spending per student, FY2024
$22,129
Up 58% from $13,963 in FY2015
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Illinois K-12 Funding Per Student, FY2015–FY2024
Ten years of official Illinois school finance figures: how much the state's public schools spend per student each year, and how much of the money comes from local property taxes, the state of Illinois and the federal government. Every figure is the sum of the reported district returns in the U.S. Census Bureau's annual school-system finance survey.
Including buildings and debt
$25,769
All spending per student, FY2024
Local share of revenue, FY2024
52%
56% in FY2015 — mostly property taxes
Students
1,838,674
Down 10% over the decade
Spending per student by year
Day-to-day operating spending per student rose from $13,963 in FY2015 to $22,129 in FY2024, a 58% increase before inflation. These are raw dollars as reported each year, not adjusted for inflation.
Year by year
10 fiscal years
| Fiscal year | Students | Operating per student | All spending per student | Total revenue | Local | State | Federal |
|---|---|---|---|---|---|---|---|
| FY2024 | 1,838,674 | $22,129 | $25,769 | $48.9B | 52% | 38% | 10% |
| FY2023 | 1,842,461 | $20,627 | $24,128 | $46.2B | 50% | 39% | 10% |
| FY2022 | 1,861,261 | $19,248 | $22,239 | $43.6B | 50% | 39% | 10% |
| FY2021 | 1,875,731 | $18,624 | $21,301 | $41.4B | 51% | 41% | 8% |
| FY2020 | 1,925,148 | $17,668 | $20,267 | $39.6B | 52% | 42% | 6% |
| FY2019 | 1,951,960 | $16,487 | $18,958 | $37.8B | 54% | 40% | 6% |
| FY2018 | 1,987,286 | $16,000 | $18,133 | $37.8B | 53% | 41% | 6% |
| FY2017 | 2,016,729 | $15,553 | $17,424 | $36.0B | 53% | 40% | 6% |
| FY2016 | 2,030,717 | $14,391 | $16,269 | $32.9B | 56% | 37% | 7% |
| FY2015 | 2,047,107 | $13,963 | $15,832 | $32.1B | 56% | 37% | 7% |
The CSV download adds dollar amounts for each source, per-student amounts by source, instruction spending and the number of reporting districts for every year.