Mississippi Business Journal » American Recovery and Reinvestment Act

Accounting for stimulus funding

Wally Northway — Sun, 29 May 2011 06:00:43 +0000

For the construction industry, funding from the American Recovery and Reinvestment Act (ARRA) has been a much-needed boost to their bottom line. Mississippi roadbuilders alone have been granted approximately $248 million, roughly equal to a year’s worth of state appropriations for road work. However, in order to take advantage of ARRA funding, contractors must meet [...]

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State buildings to be retrofitted with “smart” electric meters

Becky Gillette — Sun, 08 May 2011 06:00:36 +0000

More than 1,000 state-owned buildings in Mississippi, including those on the campuses of community colleges and state universities, are being retrofitted with “smart” electric meters as part of a $3.75-million grant through the American Recovery and Reinvestment Act (ARRA) of 2009. The Mississippi Development Authority (MDA) allocated $3.75 million in stimulus energy funds to the [...]

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Lawmakers want Barbour to divulge stimulus spending

Associated Press — Fri, 25 Mar 2011 12:08:02 +0000

JACKSON — Several lawmakers say it’s been difficult to get information from Republican Gov. Haley Barbour on how he’s spending nearly $50 million in federal stimulus money he’s allowed to use at his own discretion. Barbour’s office didn’t release details about this year’s allocation of his discretionary fund to The Associated Press until AP filed [...]

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Johnson Construction lands stimulus-funded contract

For the MBJ — Fri, 18 Mar 2011 12:30:41 +0000

BRANDON — Johnson Construction has been awarded a contract by the State of Mississippi to oversee energy upgrades to various state-owned facilities throughout Mississippi. Terms were not disclosed. Through funding received from the American Recovery and Reinvestment Act, Mississippi will be making various improvements to state-owned facilities in an effort to better monitor energy consumption [...]

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One company’s trash…

Wally Northway — Sun, 13 Feb 2011 06:00:33 +0000

The pyrotechnical display routinely provided by Sanderson Farms Inc.’s plant in Collins is no more as the company has found a better — and more profitable — way of disposing of “unwanted” methane gas. And thanks to the American Recovery and Reinvestment Act (ARRA), Sanderson expects to recoup its cost in the project within the [...]

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Stimulus funds help fill funding shortfalls

Becky Gillette — Sun, 25 Jul 2010 06:01:08 +0000

One-time influx helps keep schools afloat With state revenues in decline because of lower tax collections linked to the ailing economy, the hundreds of millions in federal stimulus funding for education have been very welcome. The American Recovery and Reinvestment Act (ARRA) provided one-time funding through three main education streams: the State Fiscal Stabilization Fund [...]

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Small businesses can benefit from stimulus plan

Lynn Lofton — Sun, 11 Jul 2010 06:01:52 +0000

What does the American Recovery and Reinvestment Act (ARRA), better known as the stimulus plan, mean for small businesses in Mississippi? Among the plan’s provisions available to aid small businesses are an increase from 80 to 90 percent in loan guarantees, funding for increased access to broadband, computerized healthcare records and construction projects, investments in [...]

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AASHTO releases report on stimulus

Wally Northway — Wed, 10 Feb 2010 15:36:19 +0000

A new report — “Projects and Paychecks: a One-Year Report on State Transportation Successes under the American Recovery and Reinvestment Act” — finds that more than 280,000 jobs were created and more than 12,250 transportation projects are underway as a result of the jobs bill signed into law one year ago. The comprehensive study, released [...]

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Second round of energy program underway

Wally Northway — Thu, 04 Feb 2010 15:52:01 +0000

JACKSON — The Mississippi Development Authority (MDA) is accepting applications for round two of the Mississippi Job Protection through Energy Economic Development Program. This program, funded by the American Recovery and Reinvestment Act of 2009 (ARRA), provides grants to eligible Mississippi businesses for energy-efficient retrofits and upgrades to their facilities with the goal that the [...]

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CARS program’s salvage period extended

Wally Northway — Wed, 03 Feb 2010 12:28:51 +0000

WASHINGTON — The National Highway Traffic Safety Administration (NHTSA) this week expanded by 90 days the amount of time salvage yards have to harvest and reuse non-engine components under the Car Allowance Rebate System (CARS) program. Engines were required to be permanently disabled for environmental reasons. Under the new rule, disposal facilities now have a [...]

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