The drop in education revenues after 2007–2008 was greater in high-poverty districts: Change in total per-student revenue compared with 2007–2008, by district poverty level (adjusted for inflation and state cost of living)
| Year | Low-poverty districts | Medium-low-poverty districts | Medium-high-poverty districts | High-poverty districts |
|---|---|---|---|---|
| 2007/2008 | $0 | 0 | 0 | 0 |
| 2008/2009 | 120 | 260 | 190 | 10 |
| 2009/2010 | 20 | 440 | 30 | -180 |
| 2010/2011 | 710 | 510 | -60 | -390 |
| 2011/2012 | 40 | 90 | -360 | -910 |
| 2012/2013 | 350 | 0 | -690 | -1,170 |
| 2013/2014 | 450 | 370 | -360 | -730 |
| 2014/2015 | 900 | 1,070 | -50 | -420 |
| 2015/2016 | 1,090 | 1,290 | 450 | -140 |
| 2016/2017 | 1,640 | 1,240 | 590 | 210 |
| 2017/2018 | 1,940 | 1,560 | 1,020 | 680 |
Notes: Amounts are in 2019–2020 dollars, rounded to the closest $10, and adjusted for each state's cost of living. Low-poverty districts are districts whose poverty rate for school-age children (children ages 5 through 17) is in the bottom fourth of the poverty distribution; high-poverty districts are districts whose poverty rate is in the top fourth of the poverty distribution.
Extended notes: Sample includes districts serving elementary schools only, secondary schools only, or both; districts with nonmissing and nonzero numbers of students; and districts with nonmissing charter information. Amounts are in 2019–2020 dollars using the consumer price index from the Bureau of Labor Statistics (BLS-CPI 2021) and rounded to the closest $10. Amounts are adjusted for each state’s cost-of living using the historical regional Price Parities (RPPs) from the Bureau of Economic Analysis (BEA 2021). Low-poverty districts are districts whose poverty rate for school-age children (children ages 5 through 17) is in the bottom fourth of the poverty distribution for that group; medium-low-poverty districts are districts whose school-age children’s poverty rate is in the second fourth (25th–50th percentile); medium-high-poverty districts are districts whose school-age children’s poverty rate is in the third fourth (50th–75th percentile); in high-poverty districts, the rate is in the top fourth. Amounts are unweighted across districts.
Sources: 2007–2008 to 2017–2018 Local Education Agency Finance Survey (F-33) microdata from the National Center for Education Statistics (NCES-LEAFS 2021) and Small Area Income and Poverty Estimates (SAIPE) data from the U.S. Census Bureau (Urban Institute 2021a).