According to this report from the Independent Budget Office, education spending per student in New York City has risen 24 percent in the last 15 years (1989-2004). Total school spending has gone up 43 percent during this time period. Some other interesting tidbits: student-teacher ratios have declined every year since 1996, and Bloomberg has increased funding for education by 3.5 percent, down from the average increase of 6.3 percent from 1998-2001.
Update: NY Daily News write-up here.
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