NYC school spending soars 33% as enrollment, test scores dwindleBy Carl Campanile
April 11, 2023
Spending on the New York City school system skyrocketed nearly 33% since 2016 as enrollment plummeted and test scores struggled, according to new data released Tuesday.
The cost per K-12 city Department of Education student totaled more than $37,000 for the fiscal year 2022 — and that figure is only expected to rise, surpassing $41,000 by 2026 if enrollment continues to drop off, the policy briefing by the Citizens Budget Commission found.
The system lost more than 141,000 students between the school years 2015-’16 and 2021-’22, it said.
“Simultaneous spending increases and enrollment declines led to rapid increases in K-12 DOE per-student spending,” the CBC found.
The staggering data comes as the DOE faces a fiscal cliff — 30% of the recent spending increase was fueled by a one-time boost in federal pandemic aid, which is drying up, according to the report.
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Source:
https://nypost.com/2023/04/11/nyc-school-spending-up-33-as-enrollment-test-scores-fall/