California spends $7.7 Billion in federal stimulus money in Q2
August 3, 2010
• Central Valley spending tops $4 Billion todate
• Almost all the money is now spent
The California Recovery Task Force says of the roughly $7.8 billion in second quarter American Recovery and Reinvestment Act money sent to California, some $7.7 billion has been spent.
“The Recovery Act funds are not only being used to invest in California’s future through job training, infrastructure expansion and clean technology, but they are helping put Californians back to work right now,” says Gov. Arnold Schwarzenegger.
Of the estimated $85 billion that California is expected to receive from the Recovery Act, over $42 billion has been awarded to date. Of the $42 billion, more than $18.5 billion are awards to safety-net programs such as Medi-Cal, unemployment insurance, and food stamps, the governor’s office says.
Another $10 billion are awards from the federal government directly to local governments, non-profits, and other entities in California. The remaining $13.5 billion are awards directly to California state government entities for programmatic spending to create jobs.
Here, from south to north, are the totals by county of stimulus funds going to the Central Valley through April 30. It is a list of the total amounts, not Q2:
• Kern: $395.7 million;
• Kings: $63.6 million;
• Tulare: $224 million;
• Fresno: $398.3 million;
• Madera: $42.9 million;
• Merced: $101.2 million;
• Stanislaus: $180.1 million
• San Joaquin: $274 million;
• Sacramento: $2.2 billion
• Yolo: $160.5 million
• Yuba: $109.9 million
• Butte: $82.7 million
The figures are from the state website www.recovery.ca.gov. The county-by-county figures offer drilldown links, which can lead the reader to more specific allocations of the money.
“The second quarter numbers … are promising and they show that the Recovery Act funds coming into California are being spent efficiently,” says California Recovery Task Force Director Rick Rice. “
During the second quarter of 2010, the Recovery Act provided the state with more than $293 million in new state awards, the state says. Q2 figures on a county-by-county basis were not provided.
Other highlights from the second quarter report include, the state claims:
• Over 12,000 additional jobs funded compared to the first quarter of 2010 (70,382)
• More than $1 billion spent in second quarter, compared to $400 million in the first quarter of 2010
• An additional 8,000 grants were awarded to entities within the state compared to the first quarter of 2010 (16,921)