recovery.wv.gov is the main vehicle for finding out how taxpayer dollars are being spent to rejuvenate our economy. As we embark on this unprecedented journey of transparency and accountability, there are certainly questions that need to be addressed, both from citizens wanting to track where their money is going and the government agencies who are trying to provide the required information.
Below you’ll find answers to several frequently asked questions.
What is the American Recovery and Reinvestment Act (ARRA)?
The American Recovery and Reinvestment Act of 2009 (ARRA) is intended to:
- Preserve and create jobs to promote economic recovery
- Provide investments in technological advances in science and health
- Invest in transportation, environmental protection and other long term infrastructure improvements
- Stabilize state and local government budgets
President Obama's recovery plan represents the most ambitious effort to stimulate the economy in our nation's history. The State of West Virginia is currently projected to receive approximately $1.8 billion in one-time additional federal revenues as a result of this Act.
How can I see how much recovery money is coming to my community?
Until the funding is distributed by the Federal government to states and local governments, and eventually to your community, we won't be able to determine exactly where all of the funding will go. As we receive the data over the next few weeks and months, we will coordinate this information with the different agencies. As soon as dollars are allocated or start to go out, you'll be able to track where the money is going through this site.
What type of programs will this recovery package fund?
The Recovery Act specifies appropriations for a wide range of Federal programs and will increase or extend certain benefits payable under the Medicaid, unemployment compensation, and nutrition assistance programs. The legislation also reduces individual and corporate income tax collections and makes a variety of other changes to tax laws. The goals of the package are to:
- Create a framework for clean, efficient, American energy;
- Transform our economy with science and technology;
- Modernize roads, bridges, transit and waterways;
- Overhaul education for the 21st Century;
- Dispense tax cuts to “make work pay” and create jobs;
- Expand access to healthcare and lower costs;
- Provide assistance to workers hurt by the economy;
- Save public sector jobs and protect vital services;
Where can I find the full text of The American Recovery and Reinvestment Act of 2009?
The full PDF version is available at the link below.
Will individuals directly receive any of the stimulus funds?
There are funds the ARRA makes available to help individuals, like unemployment compensation funds or funds to support food assistance programs. These funds will be administered by state and local agencies.
How will taxpayers ensure that funds are spent wisely and efficiently?
The American Recovery and Reinvestment Act includes unprecedented requirements for accountability and transparency. Taxpayers will be able to track the funds both at a national and state level and will be able to see to whom funds were awarded and the amount of the awards. In addition, both federal and state governments will have significant monitoring, reporting, and risk management responsibilities to protect against fraud, mismanagement, and waste.