Monday, March 23, 2009 - 3:31am
Mayor Dave Cieslewicz and city officials launched today a new Federal Stimulus website, designed to provide the public with information regarding the City's work on seeking and using funds derived from the American Recovery and Reinvestment Act of 2009.
The Federal Stimulus website can be found at: www.cityofmadison.com/federalstimulus
"The Federal Stimulus provides a historic opportunity to continue moving Madison forward: creating jobs, stimulating our economy, building our infrastructure and helping our residents in need," Mayor Cieslewicz said. "We must move quickly to ensure that our community receives the greatest benefit out of these funds, but in so doing we must also have a transparent process. This new website is part of our effort to do just that."
In an effort to have the most open process possible, the website will be updated often with the latest information on agency project proposals, competitive grants and opportunities for public input. The website itself provides a feature that allows members of the public to share their thoughts with the Mayor and Common Council members. The public can also get the latest stimulus funding updates by watching Board of Estimates meetings, where stimulus funding will be a standing agenda item.
Federal Stimulus funding comes from a myriad of sources, some are formula-driven and some are in the form of competitive grants or loans. Some of the funding will be administered directly by federal government agencies, other funding will be administered through the state governments, and some funding will be administered through local units of government.
"One key goal for me in making decisions regarding this funding is that we need to transform our economy into one that is more sustainable," Cieslewicz added. "We need to move toward an economy that is built on savings rather than debt, on production rather than consumption, and on environmental sustainability rather than degradation."
- Mario Mendoza(608) 219-0093