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The American Recovery and Reinvestment Act of 2009.ppt

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									The American Recovery and
 Reinvestment Act of 2009
  Arizona’s Implementation Plan


   TechAmerica - Maximizing Arizona
   Stimulus and Tax Incentives

   Tuesday, November 17, 2009
                                      1
Arizona ARRA Overview
   Recovery Act Goals
   Arizona Stimulus Allocations
   First Quarter Results: State, National
   Available Federal Stimulus Dollars
   AZ Dept. of Revenue – Impact of Stimulus on AZ
    Withholding
   Broadband
   Health IT
   Bonding Programs

                                                 2
ARRA

   Signed into law on February 17, 2009
   Approximately $244 billion appropriated for
    stimulus expenditures
   Arizona will receive approximately $6.3
    billion




                                                  3
Goals of ARRA

   Preserve and Create Jobs
   Provide assistance for those most impacted
    by the recession
   Invest in technological advances in science
    and health
   Invest in transportation, environmental
    protection and other infrastructure
   Stabilize state and local government
    budgets

                                                  4
Arizona Stimulus Allocations
AHCCCS                            $1,825,190
Education                         $1,619,911
State Fiscal Stabilization Fund   $1,016,955
DES                                 $689,758
ADOT                                $623,160
Commerce/Energy                     $176,288
ADEQ/WIFA                           $101,224
Housing                              $99,499
Other                                $93,423
DPS                                  $30,122
ADHS                                  $3,742


TOTAL                             $6,279,272   5
First Quarter ARRA Results - Arizona

   434 – 1512 Reports Submitted
   18 – Prime Recipients (including higher education)
   7 Data Sources (AFIS, ADOT, DES, Education, ASU,
    NAU & U of A)
   9,758 – Jobs (80% or 7,734 – Education Related)
   $1.915 billion – Award Amount
   $672 million - Total Funds Received
   $550 million – Total Funds Expended




                                                         6
www.AZRecovery.gov




                     7
Arizona Transparency
                       http://azrecovery.gov




                                          8
First Quarter ARRA Results - National

   640,000 jobs created or saved
       325,000 new jobs for teachers and school staff
       80,000 construction
   $340 billion committed from the $787 billion
    measure went toward small business loans,
    tax cuts, unemployment benefits and other
    forms of support



                                                         9
Data Observations
Averages                       Average State       Arizona
Agencies                       22.53448276         29
# Awards                       982.52              949
$ Awards                       $2,736,298,772.64   $2,841,731,609.00
$ Received Per Capita          $603.66             $438.00
Total Funds Received           $632,563,106.38     $815,761,221.00
Jobs Created/Saved             11,040.1581         12,283.04


58 Entities – Ranking for AZ


Funds/Capita                   45
# Agencies                     8
# Awards                       22
$ Awarded                      21
$ Received                     12
$ Spent                        19
Jobs                           17
Population                     14
                                                                       10
Recovery.gov




               11
Reporting Requirements

   Office of Management and Budget (OMB)
   Government Accountability Office (GAO)
   Office of Inspector General (OIG)
   FBI
   Auditor General




                                             12
Available Federal Stimulus Dollars
The National Governor’s Association has
 identified three categories of funds


  Countercyclical
  Direct Appropriations

  Safety Net




                                          13
Countercyclical Funds
   Enables states to manage fiscal affairs
   Monies used by states to stimulate the
    economy, postpone, reduce or eliminate the
    immediate need for severe budget cuts
   Targeted primarily for Education and Medicaid
    (AHCCCS)




                                                    14
Arizona Countercyclical Funds

   State Fiscal Stabilization Funds
     Education: $832,000,000

     Government Services Fund:

      $185,000,000

   Medicaid FMAP: $1,771,000,000

                                       15
Current Arizona Education SFSF
Status


 $154M   to the state’s three
  university systems: ASU, U of A
  and NAU
 $29M - community colleges

 $212M - K-12 education


                                    16
Government Services Fund
$185M


 Education Reform
 Health Care and Children’s Programs

 Public Safety

 Innovation, Technology, and
  Economic Development


                                        17
Direct Appropriation Funds in AZ

   Highway Infrastructure: $522,000,000
   Transit Capital Assistance: $100,000,000
   Weatherization Assistance: $57,000,000
   State Energy Program: $55,400,000
   Drinking Water SRF: $55,300,000
   Clean Water SRF: $26,700,000


                                               18
ARRA Funding - ADOT

 Estimated  Funding: $335M
 Total Highway, Bridge and Transit
  Projects: 186
 Cost savings for all project bids:
  $114.5M


                                   19
ARRA Funding - ADOT

   Project locations
       I-8, I-17 (2, including Anthem), I-40 (5), I-10 (3,
        including Verrado), Douglas, Flagstaff, Lake Mary
        Road, Globe, Payson, Grand Avenue, Chandler,
        Mesa, Gilbert, Phoenix, Scottsdale, Glendale, El
        Mirage, Goodyear, Buckeye, Cave Creek, Queen
        Creek, Tucson, Picacho, Apache Junction, Casa
        Grande, Rio Rico, Cornville, Yuma
       Projects in all Congressional Districts


                                                          20
21
ADOT
(http://www.azdot.gov/Recovery/index.asp)


   Local Government Projects by COG/MPO
   ADOT Projects by Corridor
   ADOT Projects by County
   Transportation Enhancement Projects




                                            22
ARRA Funding – ADEQ/WIFA

 WIFA and three ADEQ Divisions are
 expected to receive funds designated in
 ARRA under Title VII appropriating funding
 for the U.S. EPA. The following funding is
 expected:

WIFA
 Clean Water Act: $26,469,000

 Drinking Water Act: $55,340,000

                                          23
ARRA Funding – ADEQ/WIFA

ADEQ
 Tank Programs Division

   Leaking Underground Storage Tanks: $3,222,000



   Air Quality Division
     State Clean Diesel Grant Program: $1,730,000

     Clean Diesel Funding (Competitive): $ - Unknown



   Water Quality Division
     Clean Water Act (Section 604B): $267,400



*See Website for spreadsheets including information on: WIFA Clean
   Water, WIFA Drinking Water, Tanks Programs, Air Quality and
   Water Quality. (http://az.gov/recovery/agencies-ADEQWIFA.html)

                                                                     24
ARRA Funding – Energy

 Weatherization Assistance Program
  Funding: $57 million
 State Energy Program Funding: $55.4
  million
 Energy Efficiency and Conservation
  Block Grant Program (EECBG): More
  than $9.5 million

                                    25
State Energy Program (SEP)
($54.4 M)

   30-year-old state and federal partnership of
    energy efficiency & renewable energy projects
   SEP has successfully implemented real
    programs & policies that have increased energy
    efficiency & the use of renewable resources.
   These programs have saved state governments,
    homeowners, schools, businesses, hospitals
    and communities real dollars and real energy.



                                                 26
Safety Net Funds in AZ
   Supplemental Nutrition Assistance
    Program (SNAP): $381,000,000

   Workforce Investment Act
     WIA- Adult Programs: $7,600,000

     WIA- Youth Programs: $17,800,000

     WIA- Dislocated Workers: $17,400,000




                                             27
Arizona Department of Revenue – Impact of
Stimulus on Arizona Withholding
Provision                      Summary                             Arizona Impact
Income Tax Reduction via       Provides a credit equal to 6.2%     Revenue reduction in state
Withholding (Making Work Pay   of earned income or $400 per        withholding due to reduction in
Credit)                        taxpayer in 2009 and 2010. The      federal withholding (state rates
                               credit is implemented through a     tied to federal withholding).
                               reduction in federal withholding.   Federal withholding adjustment
                                                                   began 4/1/09.


New Car Deduction              Provides an individual income tax   Will reduce state taxable income
                               deduction (both standard and        due to increased itemized
                               itemized deductions) for sales      deductions (adjusted standard
                               taxes paid on the purchase of       deduction does not flow through
                               new vehicles valued at $49,000      to state).
                               or less in 2009.


Suspend Taxation of            Temporarily excludes up to          Will reduce FAGI and therefore
Unemployment Benefits          $2,400 of unemployment              reduce state taxable income.
                               compensation from gross income
                               in 2009.

                                                                                                28
ARRA - Broadband

   $7.2 Billion - Appropriated for the U.S.
    Department of Agriculture’s Rural Utilities
    Service (RUS) and the U.S. Department of
    Commerce’s National Telecommunications
    Information Administration (NTIA) to expand
    broadband access to unserved and
    underserved communities across the U.S.



                                                  29
ARRA - Broadband

 $4.7 Billion to NTIA over three
  funding cycles
 $2.5 Billion to USDA - RUS




                                    30
Title XIII – Health Information
Technology

   Section 13301 Grant, Loan & Demo Programs
   Arizona Applied for Health Information &
    Technology – Planning and Implementation
    Projects
   Arizona Health-e Connection-partner
       $9.4M requested



                                            31
Federal Stimulus Bonding Programs

   ARRA created or expanded SEVEN
    financing programs for public and
    private entities

   Arizona’s total allocation from these
    programs EXCEEDS $1 Billion


                                            32
Federal Stimulus Bonding Programs

   Build America Bonds
   Recovery Zone Economic Development Bonds
    (RZEDB)
   Recovery Zone Facility Bonds (RZFB)
   Qualified Energy Conservation Bonds (QECB)
   Clean Renewable Energy Bonds (CREB)
   Qualified Zone Academy Bonds (QZAB)
   Qualified School Construction Bonds (QSCB)

                                             33
 Contact Information
Broadband
Galen Updike
Government Information Technology Agency (GITA)
602-364-4794
gupdike@azgita.gov
www.azgita.gov

SmartGrid/Alternative Energy
Jim Arwood
Department of Commerce
602 771-1201
Jima@azcommerce.com
www.azcommerce.com

Health IT
Matt Hanson
Office of Economic Recovery
Phone: 602 542-7567
Email: mhanson@az.gov
www.azrecovery.gov




                                                  34
Questions?




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