Kentucky School Report Card financial data features new financial narrative

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Financial Transparency Data Released on Kentucky School Report Card

(FRANKFORT, KY) – Kentucky residents can now see how much schools spend per student and other financial expenditures with a new update of the Kentucky Department of Education’s School Report Card, which was released May 26.

The information contained in the financial transparency section of the School Report Card is from the 2018-2019 school year. It includes data on funding, grants, spending and taxes for each school district, as well as school-level spending per student. The financial data is released later than the rest of the School Report Card domains to allow districts to use audited financial information in their calculations, which promotes greater accuracy of the district financial data.

A new feature this year is school districts had the opportunity to include a financial narrative on the Financial Summary tab of the report card. This optional short narrative – 400 characters – gives parents, community members and researchers a better understanding of the district’s financial picture, which cannot be gathered by looking at the data alone.

There are four components to Kentucky School Report Card, all of which can be found KDE’s school data website at raisethebar.education.ky.gov. Components include:

  • Accountability information via the school report card
  • Proficiency dashboard
  • Student/Parent Portal
  • Research data

Under the federal Every Student Succeeds Act, each state in the U.S. was required to create an online school report card as part of its statewide accountability system. No new assessment data is part of this release.

For comprehensive instructions for how to access and navigate the School Report card, refer to the SRC Public Website User’s Guide.

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