Utah schools have less money per student than any other state in the nation, including the District of Columbia.
What would it take to spend as much as the national average? The answer is daunting.
Utah’s K-12 public education system currently spends about $3.9 billion dollars a year. Divide that by our student population, and we’re spending about $6,206 dollars per year for each student. The national average is $10,608 per year per student, and catching up to that figure would cost Utah taxpayers $2.7 billion dollars more every year.
That would mean doubling the state income tax rate from 5 to 10 percent or doubling property taxes across the board.
Also see the blog post by Utah Foundation’s Steve Kroes on this topic.
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