For the school year 2008–09, the Department of Education’s total budget is $21.05 billion, including $3.45 billion to pay pensions and interest on Capital Plan debt. The Department will spend $17.6 billion on the day-to-day operations of the school system.
Learn how we fund schools and view any of our individual school budgets.
The New York City Department of Education receives a portion of its overall budget in the form of Foundation Aid from New York State.