Economic Analysis and Reports

Education Funding

Education Funding Model

The Governor, the President of the Senate, and the Speaker of the House of Representatives requested that the Revenue and Fiscal Affairs Office develop a new model for funding education. The draft model and related reports and resources can be accessed below.

 

_________________________________________________________________________

Education Finance Projections

The Revenue and Fiscal Affairs Office projects student counts, school district revenues, and funding requirements for the Education Finance Act. These projections are used in the state government budget process to inform decisions on funding needs for education.

 

(Rev 10/19) - Revenue per pupil projections and student counts pursuant to Proviso 1.3 of the Appropriations Act

(Rev 8/19) Projected inflation factor pursuant to §59-20-40

For additional school finance information

Teacher Salary Increase Cost Projections

The S.C. Department of Education provided a detailed analysis of the cost to increase teacher salaries and add years to the salary schedule, which Revenue and Fiscal Affairs has summarized in response to inquiries for this information.

 

Southeastern Average Teacher Salary Survey

As required by §59-20-50, the Revenue and Fiscal Affairs Office surveys the Southeastern states annually to estimate the Southeastern average teacher salary for classroom teachers in each state. The eleven states included in the survey are Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Tennessee, Virginia, and West Virginia. Average salaries are calculated by each individual state.  The average teacher salary for South Carolina as reported by the S.C. Department of Education is also included for comparison.

 

(Rev 9/19) Projected average classroom teacher salary of the Southeastern states

Links for Further Information on Teacher Salaries

The National Education Association provides an annual report of rankings and estimates of various school statistics on a state level. Links to the National Education Association’s starting teacher salary and average teacher salary are listed below.

Table B-6 (p. 28) and Table E-7 (p. 49)

Annual S.C. minimum salary schedules by school district are provided by the S.C. Department of Education

_________________________________________________________________________

Student Count Projections

In addition to projecting the 135-day average daily membership of the regular school districts, the Revenue and Fiscal Affairs Office also provides estimates on the number of students attending schools in the charter school districts, special school districts, private schools, and in a home school setting. The links below reference the actual and projected number of students by type of school.

(Rev 1/20) Actual and projected K-12 school age population figures

(Rev 1/20) Actual and projected K-12 public school student figures (regular districts and charter districts)

(Rev 8/19) Projected K-12 private school student figures from survey of private schools

(Rev 8/19) Projected K-12 home school student figures from survey of school districts

Historical Student Data - Maps

The maps below show the five-year and ten-year net change and percent change in public school enrollment by geographical school district (statewide special districts are not included).

Average Daily Membership 5 Year Net Change
Average Daily Membership 5 Year Net Change - Click image to view PDF

Average Daily Membership 5 Year Percent Change
Average Daily Membership 5 Year Percent Change - Click image to view PDF

Average Daily Membership 10 Year Net Change
Average Daily Membership 10 Year Net Change - Click image to view PDF

Average Daily Membership 10 Year Percent Change
Average Daily Membership 10 Year Percent Change - Click image to view PDF