UTAH
www.recovery.utah.gov
As of October 13, 2009:
| Agency Reported Data: | | Rank: |
| Funds Announced | $1,939,359,633 | 37 |
| Funds Available | $1,705,149,065 | 37 |
| Funds Paid Out | $799,118,371 | 33 |
| | | |
| Recipient Reported Data: | | Rank: |
| Number of Awards | 80 | 27 |
| Funds Awarded | $194,367,989 | 22 |
| Funds Awarded Per Capita | $71 | 12 |
| Funds Received | $17,369,807 | 29 |
| Jobs Created / Saved | 536 | 19 |
| Unemployment Rate | 6.2 | 48 |
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 agencyto a recipient.
Funds Received: The amount of money each recipient received from a federal award.
Recent Updates
June 24, 2009
According to a Reuters report, “Capital works projects funded by the U.S. economic stimulus plan created or saved more than 21,000 jobs by the end of May, according to a report released Tuesday by a House of Representatives committee, showing that the pace of stimulus job creation has quickened. Utah accounted for nearly 10 percent of the jobs -- 2,041, all of which are involved in highway repairs.”
April 3, 2009
According to a report from the Associated Press, federal officials have said over $43 million in stimulus funds are expected to make their way into Utah. The money is expected to be spent on health centers, energy, and infrastructure projects.
March 24, 2009
Gov. Jon Huntsman signed Senate Bill 260, Housing Relief Restricted Special Revenue Fund on March 19, according to a press release from his office. Upon its signing, the governor asked the Utah Housing Corporation to begin dispersing 1,600 $6,000 grants to homebuyers purchasing a newly constructed home.
"It is up to the states to use the federal stimulus money in a way that truly has a beneficial impact on our economy. This is an immediate stimulus targeted at the weakest area of Utah's economy," Gov. Jon Huntsman said. "This investment of $10 million will result in 8,800 jobs in the market and $324 million in wages into our economy. This boost is critical for us to reverse our current position." Additionally, Gov. Huntsman is directing $1.8 million of discretionary federal stimulus money to provide foreclosure prevention and mitigation services through the Department of Community and Culture. Currently in our state, 15,000 homes are in foreclosure, doubling since 2007. The funds will be dedicated to prevention efforts through training and counselors. The Home Run Program will be administered by the Utah Housing Corporation. The details of the program can be found at UtahHousingCorp.org.
The Desert News reports, "Legislators made headway on their final budget proposal Tuesday, including a tentative plan for funding major road construction and building projects. There's still work to be done sorting out how Utah's share of the federal stimulus package can be used, including where about $36 million of the $86 million in stimulus funds allocated directly to Gov. Jon Huntsman Jr. will go." It looks like much of the stimulus money will be used to defray budget cuts in education.
Utah's portion of the federal stimulus package is approximately $787 million.