The PEF's total FY 2024 cost was $76 million, up from $54 million in FY 2023, reflecting larger educator payments and new facility administrative costs¶
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Evidence · 1 study · designr?·q2
Currency · newest study 2026 · checked against its sources 2026-10-08 (automated, 1 of 1 entry) · not reviewed by a person · recheck by 2029: local conditions change quickly
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q2 i? Total FY 2024 program costs of $76 million exceeded FY 2023 costs of $54 million, driven by larger average educator payments and the introduction of facility administrative costs. → Owen Schochet 2026
Evidence¶
Owen Schochet 2026¶
Owen Schochet, Katie Gonzalez. (2026). Early Childhood Educator Pay Equity Fund (PEF): Do Economic Returns Change Over Time?. Mathematica. none in text. https://www.mathematica.org/publications/early-childhood-educator-pef-do-economic-returns-change-over-time
q2 · i? · design · r?
Cost accounting of the PEF for FY 2024 reported in the brief's key findings. Costs include "wage payments for 4,029 educators, subsidized health insurance for 1,286 educators and 288 dependents, and administrative expenses" incurred by facilities and public agencies.
"The total fiscal year (FY) 2024 cost of Washington, DC's PEF is $76 million, compared to $54 million in FY 2023, reflecting larger average child care and early education (CCEE) educator payments and the introduction of facility administrative costs"
Discussion¶
Related Claims¶
- A benefit-cost analysis of DC's Early Childhood Educator Pay Equity Fund finds the initiative to address educator pay gaps has economic value — related
- Program costs rose under the PEF's facility payment model, but the size and economic value of benefits also increased — related
- The PEF's total FY 2024 economic value of benefits was $93 million, up from $67 million in FY 2023, with benefits to families the largest share — related
- Washington, DC's PEF sustained a positive social return on investment of 21 percent in FY 2024, similar to 23 percent in FY 2023 — related
- Per-pupil costs for TLTS averaged $242 per year — related
Page metadata
| Field | Value |
|---|---|
type |
claim |
id |
pef-fy2024-cost-76-million-up-from-54-million |
title |
The PEF's total FY 2024 cost was $76 million, up from $54 million in FY 2023, reflecting larger educator payments and new facility administrative costs |
description |
The PEF's total FY 2024 cost was $76 million, up from $54 million in FY 2023, reflecting larger educator payments and new facility administrative costs |
status |
review |
evidence_strength |
moderate |
newest_evidence |
2026 |
source_checked |
2026-10-08 |
recheck_by |
2029 |
generated |
by process:wiki-ingest on 2026-10-08 |
trust |
unverified — no one has confirmed this page's content |
sources |
1 — owen-schochet-2026 |
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