From the Thomas B. Fordham Institute:
Facing the Future: Financing Productive Schools
Over the past quarter century, Ohio-following national trends-has added an average of $760 million per year to K-12 education. In no year has a funding increase been less than $376 million (see here). In ten years, Ohio has seen its average per-pupil expenditure, using inflation-adjusted dollars, rise 25 percent (from $7,500 in 1997 to about $10,000 in 2007, see Graph I below). In 2007, Ohio spent $16.8 billion on public education-some $1,930 for every adult living in the state.
Graph I: Inflation-adjusted Per-Pupil Revenue for K-12 Public Education in Ohio, 1981-2007
Source: Ohio Department of Education, Center for School Options and Finance, Simulation, Foundation & Analysis Unit, adjusted using the Bureau of Labor Statistics' consumer price index inflation calculator (