Jason Bedrick at Cato is out with Cracking the Books, a new evaluation of the extent to which states are being transparent on education spending. The study scores each state zero through one hundred and assigns a letter grade based on four categories: how each state presents data on per-pupil expenditures, total expenditures, salary data, and the extent to which the data is easily accessible to the public.
At the low end of the transparency spectrum is Alaska, which doesn't even provide per-pupil data and has little in the way of publicly accessible information at all. On the other hand, New Mexico—the top-rated state—provided extremely detailed information, much of which is included on their thorough and well-organized New Mexico Sunshine Portal.
Cato rightly highlights the need for this type of data by noting, “Contrary to the common perception, public school spending has risen dramatically over the past 40 years, even after adjusting for inflation. Over the same time period, student performance on standardized tests has remained essentially flat.” From this data, policymakers can draw a number of conclusions about how states might improve.
The primary issue is how little data is reported by states, period. Cato found large numbers of states not reporting key information, including capital expenditures and employee salaries, while forty-one states did not provide any information about employee benefits. All states should see to it that they provide at least this basic information. The second issue really comes from a perception that the vast majority...