School Planning and Management, 2015
School districts in the United States spent more than $14 billion ($14,123,865,000) on construction projects completed during the 2014 calendar year. Almost $7.8 billion of that was spent on new schools, accounting for 55 percent of the construction dollars.
The balance was split between additions to existing buildings (accounting for $3.2 billion) and the retrofitting and modernization of existing structures that accounted for $3.14 billion. The difference of spending for new buildings and existing ones was very close to the pattern of the previous year.
