Report Education

Did You Know?

NYC Department of Education Edition

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May 15, 2024

The New York City Executive Budget proposes to increase Department of Education (DOE) City-funded spending 10.2 percent, or $2.1 billion, in fiscal year 2025.
 

Total DOE expenditures would decrease $269 million in fiscal year 2025, just 0.7 percent, primarily due to a $2.4 billion decrease in federal COVID aid.
 

Total DOE expenditures are projected to reach $39.8 billion in fiscal year 2024, an increase of $5.2 billion, or 15.2 percent, since fiscal year 2020.  

  • City-funded spending increased from $19.7 billion to $20.6 billion between fiscal years 2020 and 2024 (4.5 percent), while State aid increased from $12.3 billion to $14.2 billion (15.6 percent); and 

  • Federal aid to DOE increased from $2.1 billion in fiscal year 2020 to $2.8 billion, $5.5 billion, $4.2 billion, and $4.6 billion in fiscal years 2021 to 2024, respectively.  

Total NYC DOE Expenditures for FY 2020 to FY 2025

Total NYC DOE Expenditures for FY 2020 to FY 2025
Notes

Includes centrally allocated costs for pensions, debt service, and fringe benefits.

Source

City of New York, Mayor's Office of Management and Budget, Fiscal Year 2025 Executive Budget: Message of the Mayor (April 24, 2024), and fiscal year 2020 to 2023 editions.

Per-student spending at K-12 DOE schools is expected to reach $39,304 in fiscal year 2025, which would be a 26.3 percent increase since fiscal year 2020.1

  • Between fiscal years 2020 and 2025, spending climbed steadily as enrollment fell, resulting in an increase of $8,185 per student, to $39,304;  

  • After declining precipitously during COVID—with 104,374 fewer students between fiscal years 2020 and 2023—the City now projects an increase of 10,355 K-12 students  between fiscal years 2023 and 2025; and 

  • K-12 DOE enrollment would remain 10.4 percent below pre-COVID levels (94,019 fewer students). 

Per-Student Spending and Enrollment in NYC K-12 DOE Schools

Per-Student Spending and Enrollment in NYC K-12 DOE Schools
Notes

K-12 DOE school per-student spending includes spending on ancillary school services, school support costs, central administrative costs, and centrally allocated costs for pensions, debt service, and additional fringe benefits. K-12 DOE school spending does not include contract schools, charter schools, early childhood, 3-K, and Pre-K. Enrollment is based on projections in the Fiscal Year 2025 Executive Budget.

Source

City of New York, Mayor's Office of Management and Budget, Fiscal Year 2025 Executive Budget: Message of the Mayor (April 24, 2024), fiscal year 2020 to 2023 editions, and Fiscal Year 2025 Executive Budget: Supporting Schedule (April 24, 2024); and the New York City Comptroller, Checkbook Data Feed: Budget, for fiscal years 2020 to 2023.

By Ana Champeny

Vice President for Research

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Did You Know? NYC Department of Education Edition

Footnotes

  1. This excludes funding for contract schools, charter schools and early childhood education.