RD190 - State Spending on the K–12 Standards of Quality: 2020 Update
Executive Summary: • In FY20 the state spent $6.3 billion to fund Virginia’s constitutionally mandated K–12 standards of quality (SOQ). This equates to an average of $5,000 for each of the state’s 1.25 million elementary and secondary school students. • Total state SOQ spending in FY20 was 1 percent more than in FY19. • Fairfax County has by far the most K–12 students (180,349, more than twice as many as the second-largest school division) and received the most SOQ funds, $653 million, in FY20. • Lee County, which is the locality with the lowest local ability to pay, received the most state SOQ funds per student, $7,837. • Falls Church, which is among the localities with the highest local ability to pay, received the least state SOQ funds per student, $2,492. |