Much has changed since the last SLJ spending survey was conducted in 2002--and much of it for the better. For starters, most local budgets have remained steady over the last three years. However, funds for library resources and services dipped as a result of federal and state policies and mandates. Nevertheless, a quarter of those who responded to the survey received federal funds--which made up a fifth to a quarter of their total budgets. It would seem that attempts to get federal funding are well worth the effort. This article discusses the results of the data collected from 529 school libraries on the 2005 SLJ spending survey and notes the changes since the 2002 survey. (Contains 13 tables.)