Business, local government, schools, individuals and fire departments in Boone County have received at least $15.7 million in federal stimulus money, according to various sources.
The figure, charting American Recovery and Reinvestment Act spending, excludes money for highway projects. In April, Boone County was given $855,000, the first-ever federal appropriation the county has received, for work on the 146th Street corridor project. The grant covers engineering costs and buying right-of-way. The project includes upgrading 146th (County Road 300 South) from the Hamilton County line to U.S. 421, improving 146th Street from 421 to Whitestown, extending CR 400 S, improving CR 400 E and replacing the Indiana 267 interchange at I-65.
Passed by Congress in February, the ARRA is intended to revive the U.S. economy by distributing $275 billion in federal contracts, grants and loans; providing $224 billion in additional funding for health care; and giving $288 billion in tax cuts.
More than $6.9 million has been awarded the county’s school corporations according to recovery.gov, the official U.S. government stimulus Web site.
For details about the businesses and organizations that have received ARRA funds, see Tuesday's Lebanon Reporter.
