A look at MDOT’s stimulus allocations
Published: March 10,2010
Mississippi’s share was $354.5 million, of which $338.5 has already been obligated to 162 projects, according to a February report from the American Association of State Highway and Transportation Officials (AASHTO).
California and Texas are the states that received the largest amounts of funding, with $2.5 billion and $2.2 billion, respectively. Funds were provided for highway projects in all 50 states, the District of Columbia, federal lands and five island territories. American Samoa and North Mariana tied for the smallest amounts of funds: $4.5 million each. Both have populations of approximately 60,000 people.
As of December 31, 2009, more than 70 percent of the nation’s stimulus funds had been put out to bid on more than 12,000 projects.
The report also states that total employment from these projects, which “includes direct, indirect, and induced jobs, reaches almost 890,000 jobs.”
MDOT Stimulus Funds Breakdown (fact box)
Funds Available: $354,564,343
Funs Obligated: $338,527,623
Projects Obligated: 162
Projects with Notice to Proceed: 68
Projects Completed: 13
Highway Miles Improved: 307.6 – includes 4 miles of new construction
Bridges Improved: 5
Bridges Replaced: 14
Source: AASHTO report. Numbers last updated January 2010.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Kemper County plant will cost at least another $496M to complete
- Molpus closes Fund after more than $662M in commitments
- State Sen. Gandy hospitalized in South America
- Cochran calls on EPA for review of Yazoo Backwater Project
- Camgian launches Internet of Things product called Egburt
- Number of requests for general election absentee ballots roughly same as primary
- Former Mississippi First Lady Carroll Waller dies at 87
- After string of losses, O'Hara sees himself as Senate 'protest vote'