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 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 March 2012 edition of Stimulus at Work features Recovery Act-funded programs that have focused on helping some of the most vulnerable Philadelphians, and uses figures from the City’s tenth quarter’s federally mandated reports—most notably:
• $276.1 million awarded directly to the City of Philadelphia
• $224.7 million committed (expended + obligated) — which is 81 percent of the City’s
Recovery Act dollars
• 429.05 full-time equivalent jobs created or retained, according to federal calculations