On February 13, 2009, Congress passed the American Recovery and Reinvestment Act (ARRA) of 2009 at the urging of President Obama, who signed it into law four days later. As required by Section 1512 of the Recovery Act, recipients must submit reports on the use of Recovery Act funding through a nationwide data collection process. All the data is posted on Recovery.gov so the public can track the Recovery funds.
In addition to fulfilling these reporting requirements, the Technical College System of Georgia (TCSG) discloses the following ARRA funds awarded to TCSG and its constituent colleges, in an effort to be fully accountable and transparent in its use of these funds:
- State Fiscal Stabilization Fund
This is a one-time appropriation under the ARRA primarily designed to offset budget cuts and restore state support for education. The State of Georgia will receive roughly $1.5 billion from the Stabilization fund. Of that amount, TCSG is targeted to receive approximately $49.5 million. These funds are distributed to Georgia's technical colleges based on their number of credit hours taught:
- Other ARRA Funds awarded to TCSG or its colleges
Funds awarded to Prime Recipients to date (PDF)
Note: colleges can also be sub-recipients or vendors related to ARRA Grants that are reported through the prime recipient and therefore, not included in this report.
|Please refer questions to:||Mike Light
Executive Director of Communications
Technical College System of Georgia
|The State of Georgia's Stimulus Accountability website provides additional information about ARRA funds received by Georgia's government agencies.|
Recovery.gov is the U.S. government’s official website providing access to data related to Recovery Act spending.