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Ecmweb 8725 School Interior Hall Jetta Productions Digitalvision
Ecmweb 8725 School Interior Hall Jetta Productions Digitalvision
Ecmweb 8725 School Interior Hall Jetta Productions Digitalvision
Ecmweb 8725 School Interior Hall Jetta Productions Digitalvision
Ecmweb 8725 School Interior Hall Jetta Productions Digitalvision

Funds Flow for School Construction

Jan. 6, 2017
350 bond issues totaling more than $46 billion in proposed education construction projects were on the ballot in 2016

This November, 75% of educational individual facilities capital-expenditure bond issues on the ballot were approved by voters. That means that educational institutions are ramping up as they begin to get to work. According to a commentary by the editor of American School & University, 350 bond issues totaling more than $46 billion in proposed education construction projects were on the ballot in 2016.

Not only that, but AS&U also cites the Census Bureau's data that puts the total value of education construction in the United States in 2016 at a seasonally adjusted rate of approximately $90 billion, up more than 3% from the same time last year.

"The flux of money that will be flowing in to education construction projects continues to be abundant," Joe Agron, editor-in-chief, AS&U, writes. "The construction initiatives education institutions currently are involved in or are about to embark on will go a long way in addressing many of the facilities issues facing America’s schools and colleges."

For the full commentary, which has a list of the Top 10 largest education  bond issues passed, see "Editor's Focus: Building Money."

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