Document Number: 11251Public Education Finances: 2012 - Public elementary and secondary education revenue declined in FY 2012 for the first time since 1977, when the Census Bureau began collecting education finance data. This report offers figures on revenues, expenditures, debt and assets of school systems, including statistics on spending — instruction, transportation, salaries and employee benefits — at the national, state and district levels. State governments were the leading source of revenue closely followed by revenue from local sources. Of the largest school systems, highest spender per pupil in 2012 was New York City at $20,226. (Mark Dixon, U.S. Census Bureau, May 2014)...