Monday, April 5, 2010

Utah School Finance

Where does the money for Utah come from?

Utah Schools Finance Sources
1- Sales tax- $7.7 million (33%)
2- Personal and corporate income taxes
100% of state income taxes (corporate and personal) g to K-12 education ($2 billion- 53%)

1- School Trustland Fund ($15 Million)
3.3 million acres from set aside federal lands. Interest goes to schools where local school community councils determine how to spend.
2- Property Taxes- $1 Billion
$56% to local school districts. Varies from district to district.

Funding sources
1-Liquor Profits- 100% to K-12 (1%)
Profit from state owned liquor stores

2-Federal Taxes- ($310 million)
Title 1 is biggest source

3-other local tax sources

Sooo, my question is- WHERE DOES THE MONEY GO?
Weighted Pupil Unit
Weighted pupil unit set each year by the legislature. the difference between the basic tax rate and the amount guaranteed by the state said through personal income tax constitutionally earmarked fro this purpose. State pays approximately 1/3 of amount guaranteed by state.

The cookie dough, icecream, or chocolates you buy usually go to student extra curricular activities, transportation, etc. Now that schools are getting rid of vending machines, they're getting less money so more kids are going to be selling things soon.

Data from census bureau
Expenditure per pupil
nation- 9,154
Utah- 5,464 (ranking, 51st. including Washington DC schools, separated from states)
High- $13,200 Washington DC
Next high- $12,000 New York

Expenditures for Instruction 71%
Nation $476
Utah $202 (ranking, 51st.)
**teacher salaries, benefits (90% of district operation costs), Paper, supplies, textbooks.***

Expenditures for Support services (8%)
Nation $446
Utah $256 (ranking, 48th)
**counselors, media services**

School administration Expenditures
Nation $515
Utah $332 (ranking, 50th)
**principles secretaries, district administration salaries and benefits**

Transportation Expenditures 4%
**bus driver salaries/benefits, fuel, maintenance**

Average Salary Expenditures for teachers
National Ave- $47,674 (04-05)
Utah ave- 39,476 (04-05)

Highest- 58, 456 Washington Dec, Cali
Lowest- 6,590 Mississippi, $34,040 South Dakota
highest living expenses $46149 Hawaii, $52,424 Alaska

Budget Allocation Amounts
-education- largest amount in Utah state budget $3.27 (fy 08-09)
-tax and fee burden, 16% of personal income, 8th highest in US.
-Excluding fees- tax burden- 11.34%
National average- 11.24%
08-09 WPU= $2,577

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