Here is a breakdown of construction-related spending in the $789-billion economic stimulus package, based on a summary released Feb. 12, about 3 p.m., by the House and Senate Appropriations Committees.
The committees said that the package, titled the American Recovery and Reinvestment Act, included $311 billion in new federal appropriations, or about 39% of the overall $789-billion measure.
ENR estimates the bill's allotment for construction-related spending at $131 billion. A more precise number cannot be determined. Why? First, some capital-spending funding in the bill can be used to purchase equipment as well as to fund construction--transit is one example.
Second, there is no amount specified in the bill for school construction, but the measure does allow local school districts to choose to finance facility modernizations--and non-construction programs--through a broad-based education set-aside in the bill's State Fiscal Stabilization program (see below).
| TRANSPORTATION [$49.3 billion] |
| DEFENSE/VETERANS [$7.78 billion] |
Photo: J. Peabody
| HOUSING/HUD [$9.6 billion] |
| SCHOOLS |
No specific line item, but $39.5 billion of the bill's $53.6-billion State Fiscal Stabilization Fund would go to local school districts, and school modernization would be one of several eligible uses for that $39.5 billion.
Presumably, the decisions on how to spend the school "stabilization" allotments would be made by the states.
| ENERGY [$30.62 billion] |
| BUILDINGS [$13.365 billion] |
| WATER AND ENVIRONMENT [$20.1 billion] |
| OTHER |