The chart below shows just how local and municipal government operating spending and spending on employee compensation has changed over the past two decades as a share of the economy. (progressive-economics.ca)
This amounts to a large reduction in real operating spending per student. (caldercenter.org)
Adding back temporary federal stimulus funds used to supplement state funds in each of the last three years, state operating spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession. (poststar.com)