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Florida’s Share of the Stimulus

February 16th, 2009 by Mike Vasilinda

Governor Charlie Crist met with several agency heads at the Capitol to get the latest on what the Federal Stimulus package means for Florida. Based on what his budget chief knows now, Florida is in line to get a total of 12.2 Billion dollars over the next three budget years, which includes several billion for the rest of this year.  Road Construction  projects in the package will amount to about 5 billion, which the Governor says will add up to a lot of people working.

“For every billion dollars spent in transportation, it’s supposed to be close to 30,000 new jobs, I think it’s 28,000 new jobs,” Crist said. “So we’re looking at a lot of new jobs for Florida. That’s a great thing. You know, my greater hope, obviously it always has been, is once we get this infusion of infrastructure and education funding, healthcare funding, that this will be a bridge to Florida’s brighter future, when our economy actually starts to turn around. I can’t wait for that, for our people.”

Most of the construction money will go directly from the Federal to local governments.

Posted in Charlie Crist, Economy, Education, State Budget, State News | No Comments »

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