Finance
School finance is reported at the district (LEA) level. The figures below cover the full WACO ISD.
Per-pupil spending (2022)
$15,641
Total district expenditure
$220,320,000
Total district revenue
$237,975,000
District enrollment
14,086
Revenue sources
Federal$46,402,000(19.5%)
State$80,738,000(33.9%)
Local$110,835,000(46.6%)
Spending breakdown
Instruction (teacher salaries, classroom materials)$107,980,000
Support services (admin, transport, building ops)$70,603,000
Source: NCES F-33 School District Finance Survey, FY 2022. Figures cover the entire district; individual school-level spending is not published.
US public school funding 101
- Local revenue (property taxes) is typically the largest source in most states, though this varies widely.
- State revenue equalization formulas aim to reduce disparities between wealthy and poor districts.
- Federal revenue is usually 6-10% of budget — Title I (poverty), IDEA (special education), ESSER (COVID relief).
- Per-pupil spending varies from under $10,000 to over $30,000 across states; California averages around $15,000, New York around $28,000.