Tuesday, October 13, 2009

Tennessee's federal stimulus spending tops $200M

Tennessee has submitted reports on nearly $215 million worth of federal stimulus grant money that has been received under requirements of the American Recovery and Reinvestment Act, state officials said Monday.
Of the 310 grants that were reported, 258 were received by Tennessee's transportation agency, with funds totaling more than $85 million. The state has spent nearly $204 million in stimulus funds.

The report also showed a total of 7,710 jobs that were created or retained through Sept. 30.

"Our Recovery Act team and state agencies worked literally hundreds of hours toward an unprecedented accomplishment, with no additional staff hired to handle the reporting process," Deputy Governor John Morgan said. "It's important to remember the Recovery Act is a two-year program and this is just the first reporting period."

Additional reporting on the use of Recovery Act funds will occur quarterly going forward.

The state was allocated a total of $5.6 billion, to be used to create and retain jobs and speed economic recovery.

In all, the state reported that 15 agencies, including the Health and Education departments, have received money under the program.

The Recovery Accountability and Transparency Board, the independent body set up by Congress to monitor Recovery Act spending, will release job data in two batches. On Thursday, the board will release data on direct spending from federal agencies. That will include jobs such as repairing military bases and improving national parks.

Later this month, the board will release grant data, which will include jobs such as construction workers hired to repair local highways using federal money.

Tracking the stimulus

The Tennessean is following the flow of stimulus money in a weekly series. Read about ways the money is being spent at Tennessean.com/stimulus.

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