FACT SHEET: School Funding
October 11th, 2024
New Hampshire relies mostly on property taxes to pay for its public schools. More than 70% of a school’s funding comes from the property taxes in the town where it is located, while about 19% is provided from the state, and the remaining is from the federal government.
The state’s reliance on property taxes means that students’ educational opportunities vary significantly based on where a student lives. Schools do not have the same amount of funding available to them to pay for for things like school buildings, teacher salaries, materials, extracurricular activities, and more.
SOURCES:
Burke, L. (2024, February 26). How do state appropriations impact graduation rates among underrepresented students? Higher Ed Dive. https://www.highereddive.com/news/state-appropriations-graduation-rates-underrepresented-students/708434/
Darling-Hammond, L., Schachner, A., & Edgerton, A. K. (with Badrinarayan, A., Cardichon, J., Cookson, P. W., Jr., Griffith, M., Klevan, S., Maier, A., Martinez, M., Melnick, H., Truong, N., Wojcikiewicz, S.). (2020). Restarting and reinventing school: Learning in the time of COVID and beyond. Palo Alto, CA: Learning Policy Institute.
Hosung Sohn, Heeran Park, Haeil Jung; The Effect of Extra School Funding on Students’ Academic Achievements under a Centralized School Financing System. Education Finance and Policy 2023; 18 (1): 1–24.
Lafortune, Julien. (2022). Understanding the Effects of School Funding. Public Policy Institute of California.