Monday, November 16, 2009

Missouri pays out $1.26 billion in federal stimulus funds to date

The state of Missouri has paid out a total of $1.26 billion in federal stimulus funds since the beginning of 2009, according to state data.

The largest chunk of that funding passed through the Dept. of Labor and Industrial Relations, which has outlaid 37 percent of the state total. In all, that Dept. paid out $460 million in unemployment benefits since January paid for elusively by the federal stimulus funds.

The Dept. of Revenue paid out 22 percent, mostly in tax refunds and other stabilizations for counties.

The Dept. of Higher Education and Dept of Elementary and Secondary Education also paid out 22 percent of the state's total to-date outlays. Education funding spans from free school lunches for low income students to vocational rehabilitation and adult workforce education programs.

The remaining 19 percent of spent funds is spread among 13 other state agencies.

The state has received $1.6 billion in funds to date from the federal government since President Obama signed the American Reinvestment and Recovery Act. Missouri currently has $363 million on-hand to spend.

According to Recovery.gov, Missouri will receive an additional $1.2 billion in payments from the federal government in the future, money that has been allocated but not yet transferred from federal to state agencies.

In addition, numerous individuals have received contracts directly from federal agencies not included in these totals.

Related Links:
Map Your Taxes Stimulus Tracking
Recovery.gov


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