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Where does Oklahoma school funding come from?

Oklahomas revenue for public schools comes from four sources: 1) state appropriations; 2) state dedicated revenues; 3) local revenue; and 4) federal revenue.

How much money do Oklahoma schools get per student?

Doubtless that drop would be even steeper if parents were informed that, in fact, Oklahoma spends $12,967 per student each year. Heres the calculation. ing to Oklahoma State Department of Education data from the Oklahoma Cost Accounting System, school district expenditures in 2022 totaled $9,058,129,282.81.

What is the annual Education budget for Oklahoma?

The largest state appropriation goes to the State Department of Education. It received more than one-third (39 percent) of appropriations in FY 2021. Of the agencys total appropriation of $2.993 billion, 77 percent ($2.301 billion) takes the form of state aid funding that goes directly to local school districts.

What is Oklahoma ranked in school funding?

A 2021 EdWeek report shows the state ranks 49th. It is time to see education as a workforce as one of the largest industries in our state.

How much will the Oklahoma education budget be in 2023?

In total, lawmakers have gotten behind approximately $935 million for education during the 2023 legislative session. In addition to the $625 million outlined on Monday, both the Oklahoma House and Senate approved $150 million for tax credits for private school tuition and homeschool funding for families in the state.

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How are schools in Oklahoma funded?

State totals for Building Fund and Sinking Fund collections are also included. The property tax (ad valorem tax) is the traditional source of local revenue for schools throughout the United States. In Oklahoma, this tax is levied in mills (1 mill is 1/1000 of a dollar or .

How much does Tulsa public schools cost per student?

A data tool created by the Oklahoma Council of Public Affairs shows the per-pupil expenditure in Tulsa Public Schools was $16,979 in the 2020-2021 school year. The Oklahoma City district spent $16,484 per pupil.

How are public schools funded in Oklahoma?

Oklahomas revenue for public schools comes from four sources: 1) state appropriations; 2) state dedicated revenues; 3) local revenue; and 4) federal revenue.

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