On February 17, 2009, President Barack Obama signed into law the American Recovery and Reinvestment Act (Recovery Act) of 2009. The $787 billion federal economic stimulus contains a combination of spending programs and tax credits; consisting of nearly $355 billion for transportation infrastructure, health care programs, education, housing assistance, and energy efficiency projects; $144 billion in state and local fiscal relief; and $288 billion in personal and business tax credits. It is anticipated that California's share will reach $85 billion; $50 billion in new spending and $35 billion in tax credits.
The one time project funds for the City of Santa Clarita will be received primarily via existing formula allocations or through competitive grants. The formula allocations and grant programs contain very specific eligibility requirements for individual projects to receive funding.
For more information visit Recovery.gov
City of Santa Clarita Council
From L-R: Mayor Laurene Weste, Council Member Bob Kellar, Mayor Pro Tem Marsha McLean, Council Member Frank Ferry, Council Member Laurie Ender