Monday, March 17, 2025

Public Schools Income, etc.

 PUBLIC SCHOOLS INCOME, etc.


What is Hawaii's largest revenue?
The largest industries by revenue in Hawaii are Public Schools, Computer Manufacturing and Hotels & Motels, which generated $9.7b, $9.3b and $8.2b in 2024.
AI Overview
Public schools in the US are funded through a combination of local, state, and federal sources, with state and local governments providing the majority of funding. In 2020-21, total public K-12 school revenues were $954 billion, with 11% from federal sources, 46% from state sources, and 44% from local sources. 
Here's a more detailed breakdown:
  • Funding Sources:
    • Local Sources: These primarily include property taxes, which are a major source of revenue for many school districts. 
    • State Sources: State governments allocate funds to school districts based on formulas that consider factors like student population and district needs. 
    • Federal Sources: The federal government provides funding for specific programs and initiatives, such as Title I, which supports students from low-income families. 
  • Spending:
    • In 2020-21, total expenditures for public elementary and secondary schools in the United States were $927 billion. 
    • This amounted to an average of $18,614 per public school pupil enrolled. 
    • Salaries and benefits for staff made up 79 percent of current expenditure costs in 2020–21. 
  • Federal Funding Trends:
    • The federal share of public K-12 education funding rose during economic turmoil caused by the Great Recession and the COVID-19 pandemic. 
    • In 2022-23, federal funding comprised 13.2 percent of total revenue receipts due to the influx of federal COVID relief funds. 
  • Hawaii Specifics:
    • In Hawaii, public school teachers' salaries vary, with the average salary around $46,642 and hourly wage around $22. 
    • The 75th percentile salary for teachers in Hawaii is around $62,300. 
    • The 25th percentile salary is around $32,700. 
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