FINDINGS FROM 2ND NATIONAL SURVEY BY ALLOVUE
FOLSOM, CALIF. – April 10, 2024 – Results of Allovue’s second annual Education Finance Survey can be downloaded here. Highlights can be found at allovue.com/study.
Commissioned by Allovue—a K-12 finance technology company acquired by PowerSchool in 2024—and conducted by the EdWeek Research Center, this annual survey aims to understand educators’ experiences with and views on school finance.
In November 2023, 1,855 U.S.-based teachers and administrators responded to the 39-question survey, covering topics such as funding sources, budget allocations and cuts, salaries, student needs, financial management systems, school staffing, the end of COVID relief aid, and more. The EdWeek Research Center also conducted individual follow-up interviews with 10 survey respondents.
“We’re grateful to again partner with the EdWeek Research Center on exploring a critical, often overlooked component of public education,” said Jess Gartner, PowerSchool’s Group Vice President for Allovue and ERP. “Within districts, misconceptions about funding and budgets can impact employee satisfaction, trust, and student success. We hope these insights will encourage new conversations and improve clarity, efficiency, and equity in resource planning,” she said.
Last year’s study introduced the Allovue Education Spending Confidence Index, a measure designed to track educators’ confidence in their districts’ finances. On a scale ranging from -300 to +300 (scores below zero indicate lower confidence, and scores above zero indicate higher confidence), this year’s Confidence Index score is -67, down 29 points from last year.
“Over the last 12 months, educators have grown more pessimistic about the state of K-12 finance,” said Holly Kurtz, director of the EdWeek Research Center. “The results also suggest that educators may need more information in order to be fully informed about the realities of school finance. We hope our research can play a small role in bridging this gap,” she said.
The EdWeek Research Center
The EdWeek Research Center is the independent, nonprofit, nonpartisan research arm of Editorial Projects of Education (EPE), publisher of Education Week and EdWeek Market Brief. With a staff of full-time researchers, the Center conducts original surveys and in-depth data analyses for EPE and its publications and also for external clients including for-profit and nonprofit organizations and educational institutions.
PowerSchool Allovue
Allovue was founded in 2013 by a team of educators, technologists, education finance experts, and data specialists who realized the impact budgeting decisions could have on student success. Together, they worked to build innovative education finance solutions to maximize student outcomes. Their mission is to empower educators to strategically and equitably allocate resources to best support the needs of students. Allovue’s goal is to help educators make better decisions about their budgets and spending by giving them dynamic, up-to-date, and user-friendly data. To date, Allovue has worked with districts and state departments of education across the country to budget, manage, and evaluate their spending—supporting workflow, analytics, and decision making for more than $50 billion of K-12 spending. Allovue was acquired by PowerSchool in 2024; visit www.powerschool.com/allovue/ to learn more.