Public Education Revenue in U.S. Slips

Public elementary and secondary education revenue fell in fiscal year 2012 for the first time since 1977, when the U.S. Census Bureau began collecting public education finance data annually. Public elementary and secondary school systems received $594.5 billion in total revenue in fiscal year 2012, down $4.9 billion, or 0.8 percent, from fiscal year 2011, according to a Census report issued in late May.

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