Make School Spending Easy to Analyze
The first step in spending education dollars wisely is to have a true understanding of how those dollars are being spent.
SchoolNomics provides an easy-to-understand way to look at the effectiveness and efficiency of school succcess, based on a patented financial model.
You receive services and data for an analysis that shows cost/benefit relationships at each school and program level.
Spending is reported both on a per-pupil basis and as percentages of your total expenditures.
Education leaders and legislators who use SchoolNomics say they are making better investment decisions because they know:
- what worked
- over what time period
- for what cost
When Rhode Island published its first UCOA data, a blogger at the Thomas B. Fordham Institute praised the state's accountability, saying "District budget directors and community members alike now have a powerful tool for finding inefficiencies and pushing for spending that is better-aligned with their most important priorities for K-12 education."