February 11, 2016

Year in Architecture 2012: Six-Year Cost Summary

Six-Year Cost Summary

Symbol Code: ARR—Additions, Renovations, and Remodels
 Fiscal 2007Fiscal 2008Fiscal 2009Fiscal 2010Fiscal 2011Fiscal 2012
NEW & ARR PROJECT COST$1,132,225,651$1,071,639,461$1,138,235,728$904,077,127$1,098,455,772$602,818,826
Number of new buildings829580706234
Number of ARRs868890558973
Sq. ft. new buildings2,245,9292,235,8531,772,4341,608,3241,555,598898,865
Sq. ft. ARRs2,300,6191,782,2041,942,8101,271,7091,672,6641,375,307
NEW BUILDINGS
Construction cost$491,240,609$539,109,943$486,722,590$453,517,944$454,425,651$263,313,088
Equipment cost$60,666,368$73,468,236$54,212,351$49,087,060$47,836,977$30,533,085
Site cost$37,089,067$36,331,029$37,658,061$28,981,431$35,104,201$14,215,747
Other cost$105,271,399$86,508,406$75,202,090$110,238,949$113,525,121$53,113,752
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total—Project cost$705,543,661$736,767,614$656,020,880$669,591,384$650,871,920$361,175,672
ARRs—Project cost$426,681,990$334,871,847$482,214,848$234,485,743$447,583,852$241,643,154
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Funding Sources

Symbol Code: ARR—Additions, Renovations, and Remodels
 Fiscal 2007Fiscal 2008Fiscal 2009Fiscal 2010Fiscal 2011Fiscal 2012
TOTAL FUNDS USED$1,136,701,866 $1,072,785,748 $1,140,892,697 $985,002,857 $1,104,180,175 $603,961,651
Federal, new buildings$9,701,152 $6,797,857 $17,049,910 $8,038,118 $5,854,589 $38,465,599
Federal, ARRs$2,971,210 $7,733,967 $7,873,278 $10,657,831 $9,270,750 $18,882,075
Federal, total$12,672,362 $14,531,824 $24,923,188 $18,695,949 $15,125,339 $57,347,674
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
State, new buildings$65,941,808 $47,484,015 $63,038,118 $67,097,479 $43,548,440 $19,558,708
State, ARRs$23,951,016 $25,725,016 $40,827,176 $27,486,827 $33,147,756 $9,286,208
State, total$89,892,824 $73,209,031 $103,865,294 $94,584,306 $76,696,196 $28,844,916
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Local, new buildings$560,754,782 $620,037,382 $518,738,443 $558,427,058 $567,608,480 $284,164,989
Local, ARRs$369,691,281 $258,453,050 $392,376,170 $251,796,891 $348,642,090 $184,662,609
Local, total$930,446,063 $878,490,432 $911,114,613 $810,223,949 $916,250,570 $468,827,598
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Gift, new buildings$71,784,153 $62,835,806 $58,532,660 $45,898,678 $37,374,332 $19,573,952
Gift, ARRs$31,906,464 $43,718,655 $42,456,942 $15,599,975 $58,733,738 $29,367,511
Gift, total$103,690,617 $106,554,461 $100,989,602 $61,498,653 $96,108,070 $48,941,463
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 

This article was published in Library Journal. Subscribe today and save up to 35% off the regular subscription rate.

Bette-Lee Fox About Bette-Lee Fox

Bette-Lee Fox (blfox@mediasourceinc.com) is Managing Editor, Library Journal.

Celebrating her 43rd year with Library Journal, Bette-Lee also edits LJ’s Video Reviews column, six times a year Romance column, and e-original Romance reviews, which post weekly as LJ Xpress Reviews.

Share
Create the Library Your Community or Campus Needs
LTC Online Course Join Library Journal and a roster of design experts for our latest 4-week interactive online course. Starting January 27, 2016, Library Design Workshop will guide participants through complex issues of library space design projects such as space programming, fundraising, and finding the right design team.
  • Develop a roadmap to create a flexible library space suited to your community.
  • Inspiring ideas, concepts, and perspectives from leaders in the library design field.
  • Build a framework to create a robust report for key stakeholders.