I downloaded this data from the ElSi (Elementary/Secondary Information System) tableGenerator hosted by the Institute of Educational Sciences' National Center for Education Statistics.
ELSI tableGenerator
The cleaned, analysis-ready files are "finances_2001_2017.csv" and "pupils_fte_teachers_2001_2019.csv".
I am going to add graduation rate data. This is for an undergrad project on marijuana legalization and high school graduation rates.
Variable Definitions:
"Total Expenditures (TE11+E4D+E7A1) per Pupil (MEMBR) [State Finance] This is the Total Expenditures (Digest) divided by the fall membership as reported in the state finance file. The Total Expenditures (Digest) is the subtotal of Direct State Support Expenditures for Private Schools (e4d), Debt Services Expenditures - Interest (e7a1) and Total Expenditures for Education (te11). These data are from the CCD National Public Education Financial Survey."
"Total revenues per student are the total revenues from all sources (tr) divided by the fall membership as reported in the state finance file. These data are from the CCD National Public Education Financial Survey."
"Full-Time Equivalent (FTE) Teachers [State] This is the total number of full-time equivalent teachers in a state as defined by the CCD State Nonfiscal Survey."
"Grades 9-12 Students [State] This is the number of students in a state who are enrolled in ninth grade through twelfth grade. These data are taken from the CCD State Nonfiscal survey."
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