The 21st Century School Fund, through its Building Educational Success Together (BEST) collaborative, is tracking the effect of federal stimulus funding on the condition of PK-12 public school facilities and whether or not the distribution of ARRA funding related to public school facilities is helping reduce the disparity of capital expenditures among and between school districts. This brief report highlights initial findings related to the following questions: (1) How much disparity exists in school facility spending by state and locality?; (2) How were school facilities addressed in the American Recovery & Reinvestment Act?; (3) What has happened to our nation's school facilities as a result of ARRA provisions?; and (4) Which schools and which students benefited from ARRA expenditures? (Contains 1 table and 3 footnotes.) [This paper was created in partnership with the Building Educational Success Together collaborative.]