For the 2014-15 school year, Milton Area School District received $8,815,475 in State Basic Education funding. The district also received $153,100 in Accountability Block Grant funding and $155,640 in new Ready To Learn Block grant. The State's enacted Education Budget included $5,526,129,000 for the 2014-2015 Basic Education Funding. The Education budget also included Accountability Block Grant funding at $100 million and $241 million in new Ready to Learn funding for public schools that focus on student achievement and academic success. The State paid $500.8 million to Social Security on the school employees behalf and another $1.16 billion to the state teachers pension system (PSERS). In total, Pennsylvania's Education budget for K-12 public schools was $10 billion. This was a $305 million increase over 2013-2014 state spending and the greatest amount ever allotted by the Commonwealth for its public schools.