The economic downturn has been particularly hard on schools and school districts. Respondents from schools and school districts, who made up 7.2 percent of the total response to the Industry Report survey, were the most likely to indicate that they were extremely concerned about the impact of the economic downturn on their facilities. Nearly half (49 percent) said they were extremely concerned. This makes sense, as funding for schools is often based on property taxes or funded through referenda, which may not receive the same level of support when taxpayers are already stretching their budgets. In what is hopefully good news for this sector, the recent stimulus package included funding for schools and school districts to retain staff and improve facilities.
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