Welcome to Iowa's Economic Recovery See how $2.5 billion is helping the citizens of IowaThe American Recovery and Reinvestment Act (ARRA) has the potential to provide more than $2.5 billion in economic assistance to Iowa, in important areas such as health care, education, and infrastructure. The following charts list the major areas in which this program is obligating and spending money in Iowa. Click on the category tiles below to view detailed information about obligated funds.
Potential ARRA Funding
The American Recovery and Reinvestment Act (ARRA) has the potential to provide more than $2.5 billion in economic assistance to Iowa, in important areas such as health care, education, and infrastructure. The following chart lists the major areas in which this program will benefit Iowans. The chart represents funding in nine major ARRA areas consisting of formula, competitive and demand-based funding. Definitions for each of the different types of ARRA funding can be found on the FAQ page.
Obligated Funds
Obligated funds reflect the cumulative total expended and obligated (requiring payment) from the beginning of ARRA implementation. Obligated include spent funds and amounts of orders placed, contracts and subgrants awarded, goods and services received, and similar transactions during a given period that will require payment by the State during the same or a future period. Obligated also includes the amounts appropriated by the Iowa General Assembly and the amounts specified in plans for defined projects or groups of projects approved by an agency, policy making board or commission of the State.
Spent Funds
Spent funds reflects the cumulative totals expended to date from the beginning of ARRA implementation. Information is updated on a daily basis from the state accounting system. Information outside of the state accounting system from the Iowa Finance Authority and for the Supplemental Nutrition Assistance Program benefits is provided monthly. The data provided does not include expenditure information from Regents institutions.
|
Contact Us | State of Iowa | Office of the Governor & Lt. Governor | Adobe PDF Reader |
Copyright © 2009 Iowa's Economic Recovery All trademarks and copyrights on this page are owned by their respective owners. |
|