From this week’s House Republican Newsletter:
While Iowa prides itself on quality education, our education stakeholders are funded very differently. For example, Regents universities are less dependent on state funds and tuition revenue than the community colleges. Yet K-12 schools get almost one half of their funding in state aid. Property, income and sales taxes make up the other half of school district budgets.
Regardless of educational entity, federal funds play a relatively small role in funding education in this state.
In tight state budget times it is helpful to look at how dependent education stakeholders are on state aid and property taxes.