Ala. releases quarterly stimulus report - WSFA.com Montgomery Alabama news.

Ala. releases quarterly stimulus report

Posted by: John Shryock - bio | email

MONTGOMERY, AL (WSFA) - Governor Bob Riley's office confirms the state of Alabama has met the first deadline set by Congress in relation to awarded federal stimulus money.

State agencies are required to report how they've spent stimulus money and how many jobs they've "created or retained". The governor's office says the report, filed over the weekend, is the first of what will be quarterly updates on how Alabama is spending the money.

The public can view the state's stimulus report at www.stimulus.alabama.gov.

Alabama is investing these funds with full accountability and transparency and will continue to do so," said Governor Riley.

The report shows that the multi-billion dollar stimulus package, passed in February, has created or saved approximately 4,505 jobs in Alabama to date.

Around $1 billion of the $2.5 billion awarded to Alabama has been made available to agencies and colleges so far. More than $531 million of that money had been handed out by September 30.

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