As you are well aware, a year ago President Obama signed into law a very controversial stimulus package to the tune of $787 billion dollars. This plan was to stimulate business and save jobs in all 50 states. So, how is that working where you live?
Last year, the state of Florida was awarded $5.54 billion in federal stimulus money and has spent about 19% or $1.03 billion dollars.
|Agency /Department||Purpose||Spent||Jobs Created/Saved|
|Education||Employ teachers||$778.4 M (24%)||25,912|
|Transportation||Build roads/bridges||93.4 M (7%)||866|
|Agency Workforce||Training/child care||96.5 M (36%)||2,881|
|Environmental||Improve water/sewer||15.3 M (7%)||330|
|Community Affairs||Low-income weatherization||16.5 M (8%)||196|
|Office of Governor||Energy efficiency programs||6.9 M (4%)||60|
|Law Enforcement||Law enforcement support||2.8 M (3%)||81|
|Children & Families||Homeless/Domestic Violence||4.8 M (17%)||87|
|Agriculture||Expand wildfire control||3.1 M (22%)||18|
|10 other agencies||13.4 M (43%)||115|
|TOTAL||1 B (19%)||30,647|
STATE SPENDING RATES
In 2009 the federal government sent stimulus grants totaling $161 million to state and local governments. Here is the spending rates compare for the states that received the most money.
|Agency||Stimulus Money Awarded & Spent|
|1. California||$7 B (50%)|
|2. New York||991.8 M (9%)|
|3. Texas||1.3 B (15%)|
|4. Florida||1.2 B (14%)|
|5. Illinois||2.5 M (36%)|
|6. Michigan||1.8 B (25%)|
|7. Pennsylvania||939.1 M (15%)|
|8. Ohio||1.1 B (18%)|
|9. North Carolina||1.1 B (21%)|
|10. Georgia||1.3 B (29%)|
|40 other states||19.7 B (24%)|
The process is definitely slow and of course the need is great every where. Hopefully the “shovel-ready” projects will get started soon in every state and get some people back to work.
How is the stimulus project working in your state? Please let me hear from you.
*Through December 31, based on preliminary reports.SOURCES: Florida Office of Economic Recovery and U.S. Recovery/Accountability and Transparency Board
*NOTE: Florida’s totals, obtained from federal data, differ from those being reported in Florida’s state reports.
** Also includes District of Columbia and 7 territories
SOURCE: U.S. Recovery Accountability and Transparency Board