Tuesday, January 27, 2009

American Recovery and Reinvestment Act - New Mexico Specific Figures

Transportation………………………………………......……….Total
Highways & Bridges………………………………….......$281,158,912
Transit Capital Grants………………………………………24,066,600
Clean Water State Revolving Fund…………..………$ 28,496,754
Total……………………………………………………….……$333,722,266

K-12 Education

Title 1
FY 2009: $53,207,000
FY2010: $53,207,000
Total: $106,414,000

Individuals with Disabilities Act
FY 2009:$46,615,000
FY 2010:$53,669,000
Total: $100,284,000

Educational Technology State Grants
FY 2009:$3,873,149
FY 2010:$3,873,149
Total: $7,746,297

Education Modernization, Renovation, and Repair: $114,687,000
Total……………………………………………………………..….$329,131,297

Higher Ed………………………………………………………..........… Total
Education Modernization, Renovation, and Repair………$39,619,000

Pell Grant Max Award of 5,350: Award Year 2009 ‐ 2010
Aid Available$188,365,171
Recipients$52,096
Average Award $3,616

Early Childhood:

Head Start:
FY 2009: $2,949,834
FY 2010: $2,949,834
Total: $5,899,668

Child Care & Development Block Grant:
FY 2009: $8,908,267
FY 2010: $8,908,267
Total: $17,816,534

Total……………………$23,716,202

Community Services
Community Services Block Grant
FY 2009: $2,847,778
FY 2010: $2,847,778
Total: $5,695,556

Seniors:

Low‐Income Home Energy Assistance
FY 2010: $5,058,116
Total: $5,058,116

Elderly Nutrition Services
FY 2009:$806,764
FY 2010:$806,764
Total: $1,613,528
Total……………………………………………………$6,671,644

Healthcare:

Preventive Health and Health Services Block Grant
FY 2009: $2,279,422
FY 2010:$2,279,422
Total: $4,558,843

Federal Funding for State Medicaid Costs…………..$528,486
Total………………………………………………… …………..$5,087,329



State Fiscal Stabilization………FY 2009…….FY 2010…………….Total
State Fiscal Stabilization Fund…………………… ........$209,642,000…..$209,642,000…….$419,284,000

Employment and Training…………………………………….$15,888,368

Make Work Pay Tax Credit…………………………………Eligible Workers
………………………………………………………………………………684,000

Relief for Jobless Workers…………………………………..Total Eligible Recipients
$25/Week Increase in Unemployment Benefits……………….70,351
Emergency Unemployment Compensation Program...………13,756

Justice Assistance Grant (JAG) Funding……………$46,361,350

Reactions from our three Congressmen:

“My constituents in Southern New Mexico have been hit hard by the recent downturn in the economy and this Recovery Package provides direct relief,” said Congressman Harry Teague. “By providing tax cuts that will benefit the majority of New Mexico’s working families as well as infrastructure investment that will create jobs and modernize our infrastructure, this plan gives our economy an immediate shot in the arm.”

“This bold recovery and jobs package will create good jobs for the 1st Congressional District and provide much needed tax relief for working families,” said Representative Heinrich. “The people of Central New Mexico work hard and this economic downturn has been difficult for far too many. With the immediate tax relief and investment in our infrastructure that this plan provides I am hopeful that my constituents will feel swift economic relief.”

“The people of New Mexico need relief in these difficult economic times,” said Luján. “This recovery package will help communities and individuals who need help the most. The recovery plan focuses on job creation through infrastructure projects, renewable energy development, school modernization and other important projects that will help many communities and put people back to work. I look forward to maintaining an open dialogue with local leaders as the recovery plan moves forward and begins to impact the people of New Mexico.”

President Obama’s Administration is working hard to provide transparency and accountability for these funds and will be keeping a watchful eye on how they are spent in our state. This package will help a lot of individuals that have been hit hard by the current recession.