Wow. Lots of money is barreling our of Washington as a result of the American Recovery and Reinvestment Act of 2009. So much so, that all kinds of governmental entities are hurriedly positioning themselves to distribute and track the funds, and even teach organizations how to ask for it.
And why? Because the government doesn’t pump billions of stimulus money into the economy every day. Neither the Federal Government, nor the states, or much less our cities and towns have infrastructure or procedure in place to dispense such a huge amount of money like this. No one knows how exactly to do it, so we’re seeing more and more resources popping up to facilitate the process, as evidenced by the following chain of websites in California, aimed at localizing these efforts.
The Federal government set up their own website for providing information about the stimulus. Recovery.gov is chock full of data. The US Government says their intention with the site is three-fold:
Drilling down, California’s own recovery site states that with potentially $85million being dispensed in the coming years, their goal is to “track those dollars, seize as much as possible, use the funding effectively and ensure that spending is done with transparency and accountability.”
On a local level, even the city of San Francisco has developed it’s own resource to lead the efforts of attracting and tracking. With a video introduction and graphs showing what’s already been allocated to the city’s organizations, the site promises to be a clearinghouse of everything stimulus that’s related to San Francisco.
What does all of this tell us?
What does this mean?
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