Report covers spending on projects and programs going back to the start of stimulus
LITTLE ROCK - Funding provided by the American Recovery and Reinvestment Act in Arkansas had reached at least $1.9 billion on September 30, 2010, according to a report released Thursday by the Arkansas Office of the American Recovery and Reinvestment Act.
At that time, 64 percent of the roughly $3 billion awarded to the State through the Recovery Act had been expended, according to the report. Additional quarterly reports will be released as the Recovery Act continues.
The Quarterly Progress Report for the Quarter Ending 9/30/2010 provides additional detail on how and where Recovery Act funds have been spent since the stimulus began in the Spring of 2009. Arkansas's State government tracks Recovery Act spending on a day-to-day basis through a variety of methods. Thursday's report provides additional information on the overall size and progress of the Recovery Act in Arkansas.
The report covers programs and projects funded through the Recovery Act in Arkansas for every calendar quarter since September 30, 2009. However, the report does not cover Recovery Act programs and projects that are not under the oversight of Arkansas's state government. As a result, it does not cover Recovery Act projects in Arkansas that are managed directly by federal agencies.
Additional information on the specific programs and projects described in the report can be found at http://recovery.arkansas.gov