NCES F-33 — NCES F-33 School District Finance Survey
Published by National Center for Education Statistics (NCES)· annual
Annual federal survey of revenues and expenditures for every K-12 school district in the United States, including per-pupil spending.
In Detail
The NCES F-33 Local Education Agency Finance Survey is the federal government's primary source of K-12 school district financial data. Every public school district reports total revenues, expenditures by category (instruction, support services, capital outlay), enrollment, and from these NCES computes per-pupil spending. ValiFit uses F-33 per-pupil spending as the denominator in the Education ROI composite (district graduation rate ÷ per-pupil spending), measuring how much educational outcome each dollar produces. Per-pupil spending alone is not a quality measure — high-spending districts can have low outcomes and vice versa — which is why we combine it with EdFacts ACGR graduation rates.
Primary Federal Source
https://nces.ed.gov/ccd/f33agency.aspValiFit re-publishes and explains this federal data. The official source is the National Center for Education Statistics (NCES).
How ValiFit uses NCES F-33
- Education ROI composite
- School page district per-pupil display
- Composite methodology citations