Sponsored by TASBO, TASA, TASB, Equity Center, and Texas School Alliance 
 
$.03 of every dollar is spent transporting a student to and from school. 

Texas public schools spent $46.1 billion from all fund sources in 2006-07 to educate 4.5 million students. Of this, $6.2 billion was spent on capital outlay, $4 billion was related to paying the principal and interest on debt, and $35.2 billion was spent on 'basic educational costs.  The remaining expenditures include other operating costs such as payments into a shared service arrangement, payments into a Tax Increment Financing arrangement, and administrative costs associated with chapter 41 status.
 
On the spending side, a large quantity of data exists regarding how school districts allocate resources. Each year, all districts are required to account for expenditures using codes indicating the object, function, and fund of expenditure allowing the analysis of what was purchased, its purpose, and the source of revenue.
 
To provide a more complete picture of the inputs comprising public education in Texas, Moak, Casey and Associates, has broken down the educational dollar from the perspective of a Texas public school student. All figures are presented in terms of pennies on the total educational dollar using basic educational costs from 2006-07 PEIMS actual financial data.