Sponsor Logos - The Albert Shanker Institute, University of Miami's School of Education and Human Development, and Rutgers

The Adequacy and Fairness of State School Finance Systems


Key Findings from the School Finance Indicators Database


This is the annual report of the School Finance Indicators Database (SFID) project. The report presents the latest results from three key measures included in our State Indicators Database: effort, statewide adequacy, and equal opportunity. Below you will find links to current and past editions of the report and accompanying materials.











Latest News

UPDATED ANNUAL REPORT, PROFILES, AND DATASETS AVAILABLE

February 2026: Read the eighth edition of our annual report, view your state’s one-page finance profile, use our data visualizations, or download the full state-level dataset.

Latest Annual Report

The Adequacy and Fairness of State School Finance Systems (8th edition)

The eighth edition of our annual report presenting findings on effort, statewide adequacy, and equal opportunity in state school finance systems. Published February 2026.

Latest Research Briefs

State School Finance System Profiles (2022-23 school year)

One-page profiles summarizing the key results on effort, statewide adequacy, and equal opportunity for all 50 states and D.C. View your state’s profile. Published February 2026.