School Aid Data Provides Snapshot of Region
I receive a lot of questions about how schools are funded and how that money is spent. There is good reason for these questions because a lot of money is involved. State aid to schools comprises $21.8 billion, roughly 24 percent, of our $92.3 billion state operating budget. In addition, it is estimated local school taxes raised approximately $20.3 billion in 2013. The New York state lottery also funds education and provided $3.04 billion in 2012, according to the latest data available.