ED - Financial and Activity Report
Financial Status: |
- Total Available: $17,427,872,643
- Total Paid Out: $145,513,744
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Major Actions Taken to Date: |
- Department officials reviewed and approved State Fiscal Stabilization Fund applications for California, Illinois, and South Dakota, making $3.99 billion, $1.38 billion, and $85.4 million in funding available to these states respectively. The applications may be viewed on Ed.gov/Recovery.
- The Department received and began the review process for Utah's State Fiscal Stabilization Fund application, and continued the review process for Maine.
- Department officials met with Department of Interior to determine optimal approach for overseeing education-related ARRA programs with Native Americans and in US Territories designated high risk and/or subject to Consolidated Grant application (US Virgin Islands, Guam, American Samoa).
- The Department clarified guidance regarding use of State Fiscal Stabilization Fund Government Services monies for new construction.
- The Department completed draft of ARRA Uses of Funds for inclusion in future guidance.
- The Secretary of Education appeared at a Chicago school that demonstrates successful reform, and met with local leaders to discuss how ARRA funding should be used to achieve similar results.
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Major Planned Actions: |
- Review State Fiscal Stabilization Fund applications when received and provide state-specific feedback as appropriate to address outstanding questions and/or issues.
- Begin posting ARRA Status Report detailing funding made available by state and program.
- Review draft guidance to States regarding Interim Recipient Reporting Requirements.
- Review input from Program Offices, Risk Management Services, and Office of the Inspector General for coordinated Technical Assistance outreach plan.
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Report History
