Class Size

• The fewer teachers there are, the larger the class sizes will be. There are a couple of financial reasons for this, be it teachers getting laid off or the imposing of a hiring freeze, regardless of increased enrollment. The latter tends to happen frequently during times of a budget crisis, as many districts close schools and consolidate student populations. Bigger class sizes mean less time spent with students individually.
  
  

Upgrades

• Educational resources should ideally be upgraded every few years in order to ensure that students are equipped with the tools they need to learn. Computers, textbooks and sporting equipment tend to last a bit longer than their intended shelf life in the wake of budget cuts. Usually this is the first effect felt, as schools would rather try to weather the storm by doing this than take away existing resources.
  
  

Building Repairs

• While it is true that major repair needs such as sagging roofs and bursting pipes will be immediately addressed, the smaller maintenance needs tend to get ignored. For example, if a building has an air conditioning unit that sometimes --- but not always --- fails to work, it tends to get put on the back burner as teachers and students simply open windows to adapt in the interim. Over time, minor repairs can become major ones, and the longer they remain untended to the more expensive they will be in the long run.
  
  

Academic Performance

• As mentioned, fewer teachers equates to less quality, individual time spent with students. The focus shifts to a mass production mentality, where test score quotas seem more important than learning. A lot of times this is due to the fact that low test scores will mean even more cuts could be on the way. Another way less funding translates into sagging academic performance is the fact that there are fewer assistants and paraprofessionals on hand to aid the teachers and students.