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American Recovery and Reinvestment Act
The 2009 American Recovery and Reinvestment Act, (ARRA), also referred to as the Federal Stimulus Plan or Recovery Act, was approved by Congress and signed into law by President Obama on February 17, 2009.
The stimulus initiative is designed to jump start the U.S. economy through federal spending on such programs as education, energy, health care, housing and transportation - investing in products and services that will put Americans to work, improving infrastructure and allowing for enhanced or continued research.
Stimulus funds are available to Bishop State Community College from State Fiscal Stabilization Funds.
Bishop State Community College State Fiscal Stabilization Funding for the fiscal years 2010 & 2011 (with 90% allocated in phase one):
- 2010 $945,690
- 2011 $756,552
- Total $1,702,242
ARRA Cumulative Summary for Bishop State Community College
| For the Month Ended |
ARRA $ Awarded |
ARRA $ Available |
ARRA $ Expected |
Jobs Created / Retained |
| October 1, 2009 |
1,702,242 |
945,690 |
0 |
0 |
Compliance Officer – Ms. Brenda K. Taylor, CMA
Alternate Compliance Officer – Dr. Reginald Crenshaw
Database Reporting Coordinator – Mr. Marty Forsyth
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