VERMONT
recovery.vermont.gov
As of October 13, 2009:
| Agency Reported Data: | | Rank: |
| Funds Announced | $657,843,618 | 51 |
| Funds Available | $682,185,571 | 50 |
| Funds Paid Out | $244,284,774 | 48 |
| | | |
| Recipient Reported Data: | | Rank: |
| Number of Awards | 11 | 51 |
| Funds Awarded | $12,580,985 | 51 |
| Funds Awarded Per Capita | $20 | 42 |
| Funds Received | $495,047 | 51 |
| Jobs Created / Saved | 28 | 52 |
| Unemployment Rate | 6.7 | 46 |
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 offunds 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.govbetween 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 arecipient. 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
July 2, 2009
Vermont’s first stimulus-funded road project has been completed in Richmond. The state made rehabilitation of Richmond’s Bridge Street Bridge its top priority after receiving $125.8 million in highway and bridge funding through the American Recovery and Reinvestment Act, according to VermontBiz.com. The bridge’s opening on June 23 occurred ahead of schedule, the article said. “The quick and wise deployment of ARRA funds will help us make much needed and long overdue improvements to our transportation infrastructure,” Gov. Jim Douglas said at the opening. “They will also give our economy a much needed boost during our construction season.”
Vermont has received nearly $75 million in stimulus funding as of June 24, according to stimulus czar Tom Evslin. And that only includes what passes through state government. Evlin said in his blog, Fractals of Change, that money such as Pell grants for college students, Small Business Administration loans, and tax cuts and credits to individuals and businesses would add to that amount. Most of the money received by the state—about $71 million—has been spent in human services, primarily for Medicaid benefits, Evslin said. The state has spent about $5 million in transportation projects, he said.
June 18, 2009
Vermont’s governor and congressional delegation want the federal government to speed up stimulus funding. Gov. Jim Douglas and the federal representatives have written a letter to Vice President Joe Biden to that effect. The second slice of the stimulus pie is being delayed as federal officials write rules on how to award $7.2 billion in funds for telecommunications and electric grid improvement. The officials point out a December distribution of funds would miss the construction season in northern states.
May 28, 2009
Vermont’s efforts to create universal broadband and mobile phone coverage across the state by 2010 will benefit from the American Recovery and Reinvestment Act, according to the Times-Argus. The state could receive between $30 million and $70 million from the federal stimulus package, the newspaper said in a May 27 article.
The National Telecommunications and Information Agency and the Rural Utilities Services are expected to begin accepting proposals for billions of dollars in high-speed Internet and mobile data grant and loans later this summer, the article said.
April 28, 2009
The Vermont Senate on April 24 passed an amended version of House Bill 438, which spends $455 million on transportation, according to WCAX. The bill includes a 2 percent tax on wholesale price of gas and diesel fuel. WCAX reported the state will be able to issue revenue bonds for future transportation spending.
Rockingham is the site of Vermont’s first transportation stimulus project. The project—launched April 27—will repave nine miles of the state highway between Rockingham and Chester and costs $4 million. It’s the second most expensive project on the state’s first phase of stimulus spending, according to the Brattleboro Reformer. The state is spending $34 million of approximately $45 million it will receive from the American Recovery and Reinvestment Act on paving projects around the state, the Brattleboro Reformer reported.
April 21, 2009
Vermont will receive more than $20 million in stimulus funding for environmental projects, according to a press release from the U.S. Environmental Protection Agency. The state will get $19.5 million to improve aging water infrastructure and more than $1.7 million to fund clean diesel projects, according a release from the governor’s office.
March 19, 2009
Vermont’s stimulus czar, Tom Evslin, said the state could receive up to $1 billion from the American Recovery and Reinvestment Act, WCAX reported. While some pots of money—like the money in Medicaid reimbursement and tax cuts—are automatically given to states, others will be awarded through competitive grants. Evslin met with officials last week to review the application process, WCAX reported.