The Arkansas Office of Recovery and Investment released a report today detailing the ways the Recovery Act funds are being spent. So far the state has been awarded $1,111,818,225 as of September 30. Of that, $322,858,063 has been received and $112,597,585 has been spent. 2,633 jobs have been created or saved. You can read the full report here.
According to the report, “The success of the Recovery Act cannot be measured solely in jobs saved or jobs created. A stated goal of the Act was to help those who have suffered most during the economic downturn. Through the course of implementing the Recovery Act, Arkansas’s state government will remain committed to high standards of accountability and reporting until the last dollar is spent.”