02/13/2009
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Fri: Stimulus estimates for NC
Created by
Laura Leslie
posted at 2009-02-13 14:29 | Last modified 2009-02-13 14:29
posted at 2009-02-13 14:29 | Last modified 2009-02-13 14:29
Gov. Perdue's office has released this rundown of what NC might expect from the stimulus package. Her spokesperson, Chrissy Pearson, advises this is very preliminary. They're working on a more detailed version, but as she points out, it's a 1000 page bill.
Notable bits:
- Fiscal stabilization: Flexible funding is way down - the compromise yields only about a third of the House proposal. Ouch. But FS funds earmarked for education jumped up $60M, so that's got to help.
- No money for school construction (see first bullet - I think that's where it ended up).
- Emergency Food and Shelter took a hit in the conference version, as did Elderly Nutrition and Education Tech, but hey -- some money is better than none, right?
No word yet on whether the finalized bill will be enough to cover the $900M projected gap in the current year budget. I'll let you know when I hear back from the Governor's office, but it could take a while to run those numbers.
More when I get it.
Comments? Drop me a line.
