Friday, January 15, 2010

Governor Doyle Announces Recovery Act Created or Retained 44,000 Jobs in Wisconsin

[We have received the following press release and are pleased to publish it.]

MADISON – Governor Jim Doyle today announced that the American Recovery and Reinvestment Act (ARRA) has created or retained 44,000 jobs in the state, according to the White House Council of Economic Advisors. The Wisconsin Office of Recovery and Reinvestment today filed a comprehensive report with the federal government detailing Recovery money spent through the state of Wisconsin, and what effect these dollars are having in Wisconsin communities.

“Communities throughout Wisconsin are benefiting from the Recovery Act that continues to create good jobs and make investments in our quality of life,” Governor Doyle said. “Today’s report shows the ongoing, positive effect of the Recovery Act and demonstrates Wisconsin’s commitment to ensuring the funds are spent wisely through accountability and transparency.”

The State of Wisconsin oversaw nearly $982 million in ARRA expenditures since the program’s inception. Over the last three months, ARRA funding is responsible for saving or creating 8,964 full-time jobs, including 6,500 essential public service jobs such as teachers, police officers and firefighters.

According to the Council of Economic Advisors, over the last nine months, 44,000 total jobs have been created or retained in the state. Additionally, the reports filed today highlight that more than 150,000 meals were served to 14,000 seniors, over 1,900 families received homelessness assistance, and over 240 families are having lead paint removed from their homes.

The Recovery Act has extensive accountability and transparency requirements to ensure that this unprecedented amount of federal money is being spent wisely to create jobs while investing in worthwhile initiatives. Under the act, quarterly reports are required that will list the use of the funds in Wisconsin, measure the number of jobs created or retained, and ensure that the funds were used correctly.

Preliminary Section 1512 Quarterly Report Details:

Funding – 1512 Reports

January 2010

# of Awards: 599

$ Awarded to WI: $2.16 bil.

Funds Expended: $981.96 mil.

Funds Received: $997.01 mil.

# of Subawards: 3,643

Subaward Amount: $1.34 bil

Subaward Expended: $748.19 mil.

# of Vendors: 2,392

Vendor Payments: $226.08 mil.

Job Creation/Retention

# of Direct Jobs (FTE-Quarter): 8,964

WH WI Jobs (9mos): 44,000

WH WI Jobs (Life): 70,000

The report reflects state spending through December 31, 2009 and is presented in a user-friendly format on the Wisconsin Office of Recovery and Reinvestment website at http://www.recovery.wisconsin.gov/.

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