CITY OF CHICAGO SCH DIST 299
How much is this school district investing in its school buildings?
Total Education Expenditures
Expenditures for Maintenance & Operations
Expenditures for Construction
Is this district investing to meet modern educational facilities standards?
Maintenance & OperationsAnnual Spending 2011 - 2013
Capital ConstructionAnnual Capital Construction Investment 1994 - 2013
The recommended spending and investment levels above are an estimate for taking care of the district’s facilities, currently in use, according to modern standards. The amounts recommended are based on the current replacement value (CRV) of the district’s facilities multiplied by modern educational facilities standards for maintenance and operations (3% of CRV) and for capital construction (4% of CRV).
The current replacement value for the district uses an approximation of the square footage of school building space in the selected school district and the state’s average cost for new school construction. The district’s building square footage is based on 2013 enrollments and the state’s average gross square feet per student. See the full national report and state profiles for state-specific data.
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Without consistent information about the condition of school facilities across the country, the best we can do is draw conclusions based on the amount of funding communities are investing in their schools.
You may know much more about the actual condition of this school district's facilities, beyond what we can guess from looking at the numbers.
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