The Stimulus at Work in Philadelphia report provides Philadelphians with a clear explanation of where Recovery Act dollars are going and how they are being spent. High standards of transparency and accountability are at the heart of both the Recovery Act and Mayor Michael Nutter’s Administration. Publishing a quarterly update on the impact of the Recovery Act in Philadelphia is one way to meet the intention of the Act and the Mayor’s goals. The timing of this publication coincides with the information reported to the federal and state agencies at the conclusion of each quarter’s reporting period.
The November ’11 Update uses figures from the City’s ninth quarter’s federally mandated reports—most notably:
• $276.3 million awarded directly to the City of Philadelphia
• 403.91 full-time equivalent jobs created or retained according to federal calculations
• $124 million expended (spent)