MASSACHUSETTS
www.mass.gov/recovery
As of October 13, 2009:
|
Agency Reported Data:
|
|
Rank:
|
|
Funds Announced
|
$5,367,615,540
|
13
|
|
Funds Available
|
$6,470,956,260
|
10
|
|
Funds Paid Out
|
$2,861,838,610
|
12
|
|
|
|
|
|
Recipient Reported Data:
|
|
Rank:
|
|
Number of Awards
|
106
|
19
|
|
Funds Awarded
|
$335,241,953
|
14
|
|
Funds Awarded Per Capita
|
$52
|
15
|
|
Funds Received
|
$47,616,167
|
15
|
|
Jobs Created / Saved
|
584
|
17
|
|
Unemployment Rate
|
9.3
|
19
|
Notes: All Rankings are from Highest to Lowest. For example, a ranking of 15 for “Funds Announced” means that the state had the 15th highest amount of funds announced. A ranking of 15 for the unemployment rate means that this state has the 15th highest unemployment rate.
Terms defined by http://www.recovery.gov/
Recipient Reported Data: These data are based on data submitted by federal contract recipients to www.federalreporting.gov between Oct. 1 and Oct. 10, 2009. On Oct. 30, 2009, the final recipient federal contract data and the final data on grants and loans will be available. It is collected and updated quarterly.
Agency Reported Data: These data are based on weekly Financial and Activity Reports filed by federal agencies receiving Recovery Act Funds.
Funds Announced: Funds that have been publicly announced as available to entities outside of the federal government. Not all available funds are announced publicly. For example, the funds going to a project started prior to the Recovery Act that are commingled with the project’s Recovery funds will not be announced publicly before being made available to a recipient. The Funds Announced figure should not be viewed as the total funding that an agency has made available.
Funds Available (Obligation): The term used to describe when an agency informs the public of the release of money to recipients either immediately or in the future.
Funds Awarded: This is the amount of contract dollars that will be made available to recipients.
Funds Paid Out: Funds that have been released from a federal agency to a recipient.
Funds Received:The amount of money each recipient received from a federal award.
Recent Updates:
Based on federal contract data released October 15th on Recovery.gov, Massachusetts created or saved 584 jobs with stimulus-funded projects, ranking it 17th among 50 states, the District of Columbia and Puerto Rico. The data is based on information provided by 5,200 federal contract recipients, who split $16 billion in federal stimulus money. It’s estimated that 30,383 jobs nationwide were created or saved by these projects. But the figures represent only about 2 percent of the $787 billion Recovery Act. The contracts were for work ranging from small park repairs to multi-billion-dollar nuclear cleanups, USA Today reported. Reports covering a much bigger chunk of the stimulus are expected to be released by the end of October.
A report by the Massachusetts Budget and Policy Center released on October 14th said the Commonwealth has spent more than $4.3 billion of the $17.7 billion in federal stimulus funds it received to help offset budget shortfalls, provide tax reductions and fund construction projects. The report said those stimulus funds saved or created 27,400 jobs. The Center’s report is one of the first attempts by an independent organization to document the effects of the stimulus in the state, the Boston Globe reported.
The MBPC report came after U.S. Representative James Oberstar, who chairs the U.S. House Transportation and Infrastructure Committee, strongly rebuked Governor Deval Patrick in October for being slow in deploying $437 million in federal highway funds from the Recovery Act. Oberstar told Patrick that Massachusetts ranks 49th in the nation in putting highway stimulus money to work, committing only 23 percent of its funds so far. Seven months after receiving the $437 million in federal highway funds, Massachusetts had only about $99 million in construction work underway as of Aug. 31. By contrast, New Hampshire had 78 percent and Maine 67 percent. But aides to Patrick said Oberstar’s assessment ignores the Patrick administration’s effort to concentrate funds on larger projects that generate spinoff work and stimulate the creation of permanent jobs, the Boston Globe reported.
Previous Updates: