General Fund Revenue and Other Financing Sources
Public K-12 System
Source: Superintendent of Public Instruction
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| MAJOR SOURCES OF GENERAL FUND REVENUE AND OTHER FINANCING SOURCES PUBLIC K-12 SCHOOLS | |||||||
|---|---|---|---|---|---|---|---|
| School Fiscal Year1 |
$ in Thousands | ||||||
| Total Revenue |
State Revenue |
Federal Revenue |
Local Revenue | ||||
| Total | Property Tax2 |
Real Estate Excise Tax3 |
Other | ||||
| 1973 | 784,425 | 387,916 | 71,840 | 324,669 | 261,235 | 26,498 | 36,936 |
| 1974 | 914,650 | 432,533 | 74,846 | 407,271 | 337,691 | 28,711 | 40,869 |
| 1975 | 993,284 | 506,565 | 89,793 | 396,926 | 318,065 | 33,575 | 45,286 |
| 1976 | 1,095,007 | 675,857 | 102,384 | 316,766 | 226,868 | 40,824 | 49,074 |
| 1977 | 1,174,998 | 709,713 | 106,533 | 358,752 | 250,829 | 55,867 | 52,056 |
| 1978 | 1,388,220 | 791,530 | 125,124 | 471,566 | 328,977 | 84,321 | 58,268 |
| 19794 | 1,554,498 | 931,866 | 139,583 | 483,049 | 314,048 | 97,621 | 71,380 |
| 1980 | 1,822,578 | 1,291,739 | 151,697 | 379,142 | 207,013 | 83,845 | 88,284 |
| 1981 | 1,908,531 | 1,404,105 | 163,972 | 340,454 | 150,794 | 89,978 | 99,682 |
| 1982 | 1,943,646 | 1,549,303 | 120,505 | 273,838 | 170,554 | -- | 103,284 |
| 1983 | 2,033,549 | 1,579,642 | 133,807 | 320,100 | 220,574 | -- | 99,526 |
| 1984 | 2,238,633 | 1,735,180 | 142,856 | 360,597 | 249,676 | -- | 110,921 |
| 1985 | 2,401,745 | 1,877,656 | 146,272 | 377,817 | 262,254 | -- | 115,563 |
| 1986 | 2,500,556 | 1,944,012 | 167,957 | 388,587 | 275,299 | -- | 113,288 |
| 1987 | 2,819,337 | 2,203,265 | 184,867 | 431,205 | 314,927 | -- | 116,278 |
| 1988 | 3,025,358 | 2,354,931 | 194,151 | 476,276 | 355,775 | -- | 120,501 |
| 1989 | 3,284,764 | 2,545,410 | 212,923 | 526,431 | 390,673 | -- | 135,758 |
| 1990 | 3,610,546 | 2,809,732 | 225,880 | 574,934 | 427,238 | -- | 147,696 |
| 1991 | 4,082,666 | 3,204,876 | 244,807 | 632,984 | 468,614 | -- | 164,369 |
| 1992 | 4,385,461 | 3,440,866 | 262,280 | 682,315 | 520,122 | -- | 162,194 |
| 1993 | 4,734,101 | 3,696,168 | 282,762 | 755,171 | 589,367 | -- | 165,804 |
| 1994 | 4,932,729 | 3,779,033 | 307,169 | 846,527 | 669,768 | -- | 176,759 |
| 1995 | 5,170,141 | 3,943,721 | 324,866 | 901,554 | 711,358 | -- | 190,196 |
| 1996 | 5,415,752 | 4,103,489 | 334,397 | 977,865 | 763,725 | -- | 214,141 |
| 1997 | 5,636,455 | 4,227,100 | 356,430 | 1,052,925 | 827,268 | -- | 225,656 |
| 1998 | 5,873,014 | 4,377,020 | 400,403 | 1,095,591 | 839,087 | -- | 256,504 |
| 19995 | 6,062,444 | 4,483,359 | 431,712 | 1,147,372 | 870,214 | -- | 277,158 |
| 2000 | 6,361,132 | 4,616,901 | 490,878 | 1,253,353 | 954,928 | -- | 298,425 |
| 2001 | 6,739,203 | 4,843,232 | 552,809 | 1,343,162 | 1,017,964 | -- | 325,198 |
| 2002 | 7,081,049 | 5,042,778 | 625,894 | 1,412,377 | 1,064,212 | -- | 348,165 |
| 2003 | 7,306,750 | 5,130,126 | 691,337 | 1,485,287 | 1,132,489 | -- | 352,798 |
| 2004 | 7,477,687 | 5,213,021 | 732,222 | 1,532,444 | 1,198,009 | -- | 334,435 |
| 2005 | 7,744,512 | 5,364,756 | 782,704 | 1,597,052 | 1,250,136 | -- | 346,916 |
| 2006 | 8,139,545 | 5,660,738 | 791,823 | 1,686,984 | 1,311,263 | -- | 375,721 |
1Fiscal year ends on August 31 except prior to 1978 when the fiscal year ended on June 30.
2Beginning on January 1, 1975, regular property tax is collected by the state and is shown as a state fund. Local property tax shown for this and subsequent years is special levy revenue only.
3Effective September 1, 1981, school districts no longer received County Real Estate Transaction Tax. The responsibility for collecting those revenues was transferred to the Washington State Department of Revenue. The funds continue to be used to support K-12 education.
4Fiscal Year 1979 was beginning of the basic education funding formula and property tax levy limits.
5Fiscal Year 1999 budget excluding extensions.
| Table ET01 | ||
| Last modified March 28, 2008 OFM Forecasting Division E-mail: OFM.Forecasting@ofm.wa.gov | Valid XHTML Valid CSS | |

