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of
~ r f u
~ a m p s 4 i r ~
OFFICE OF
ECONOMIC STIMULUS
107
North
Main
Street,
State
House
-
Rm
208
Concord,New
Hampshire
03301
His Excellency Governor John
H.
LynchAnd the Honorable Executive Council
American
Recovery
and
ReinvestmentAct
Progress Report -Data through September 30, 2009(Report Issued October 20, 2009)Federal Jobs Statistic: 3007 FTEs/Reporting Period3,872,686 HoursThrough September 30, 2009, we estimate that 3,872,686 work hours have been paid forwith American Recovery and Reinvestment Act ("ARRA") funds
by
programs subject to Section1512 reporting.The federal government calculates a Job Full-Time Equivalent ("FTE") for ARRApurposes
as
the total hours worked during the reporting period divided by the total hours onefull-time employee would have worked had he or she worked for the entire reporting period. Forthis reporting period the federal Office
of
Management and Budget ("OMB") has directed statesto calculate
job
statistics by assuming that a full-time employee with a 40-hour work weekworking from February
17,2009
(the day ARRA became law) through September 30, 2009would have worked 1288 hours.
3,872,68611288
=
3007 FTEs. This time period is longer thanthe actual time period
of
most ARRA-funded projects in
New
Hampshire.There are other ways to assess these
job
statistics. For example, one might consider
ajob
FTE as full-time work for one person for one year. Using this approach to calculate the
"FTE-
Full-Time Job for a Year" statistic one would divide the total hours, 3,872,686 by 2080, thenumber
of
hours worked in a full year by a person working 40 hours per week. This "FTE Full-Time Job for a Year" statistic for this reporting period would be 1862. In other words,
if
theestimated hours paid for, so far, by ARRA had been paid out only to people working full-time at40 hours per week and had been paid out to them over the course
of
one full year, 1862 full-time,full-year jobs would have been paid for by ARRA.This reporting period covers more than two quarters. Although ARRA took effectfederally on February 1
i
h,
much
of
the funding was not available to the State for several months.Most programs did not have access to funds or authority to spend funds until summer. Incontrast, the State Fiscal Stabilization Fund -Government Services grant was mostly paid out byJune 30, 2009 and paid out very little in the final quarter
of
the reporting period. The remaining
----------
Telephone
603-271-2121 •
Fax
603-271-7680 •
TDD
Access:
Relay
NH
1-800-835-2964
---------
__
ARRA, Progress Report -Data through September 30, 2009October 20, 2009Page 2
of3
money from the Fiscal Stabilization Grant will be used to fllnd the Office
of
Economic Stimulusover the next two years.Legitimate rationales exist for
USillg
several different values, including the numbermandated by OMB, in tIle denominator
of
an FTE formula. Eacll would provide a differellt FTEstatistic describing the jobs created and retained by ARRA from a different perspective. TIletotal hours estimate
of
3,872,686 work hours funded by ARRA is provided to allow users
of
thisreport to calculate jobs using the statistical model
of
their choice.The State Fiscal Stabilization Fund -Education grant paid for the largest number
of
hOllrs.
The ARRA federal law required
New
Hampshire to use these dollars to fully fund theState's statutory obligation to pay for an adequate education. These funds were paid to localschool districts
as
part
of
the State's adequacy payments. Local school districts paid teachers,support staff, and other personnel. The districts provided the State data on their payrollexpenses. From that data, we estimated the number
of
hours that were paid for from
tIle
StateFiscal Stabilization Fund -Education ARRA dollars. We attributed forty hours per week tosalaried individuals, like teachers, to obtain the estinlated total hours paid for by ARRA.The State Fiscal Stabilization Fund -Government Services grant paid for the secondlargest number
of
hours. Tllese funds paid for hours worked by certain State employees betweenFebruary 17,2009 and June 30, 2009, primarily employees
of
the Department
of
Corrections and
tIle
Judicial Branch. For
ARRAjob
statistic purposes these are jobs retained due to ARRAfunds.OMB requires all states to follow the OMB formula for estinlating jobs attributable toARRA. This Federal Jobs FTE statistic will decrease in future quarterly reports for someprograms. The total jobs numbers will be less for programs, such as the State Fiscal Stabilization. Fund -Goverlunent Services Grant, that spend significant portions
of
their funds early in theARRA recovery period, but do not spend all funds and submit a final report until the end
of
therecovery period. The OMB formula continues to add a full time work schedule, in most cases540 hours for each quarter, to the denominator when calculating the Federal Jobs FTEs statistic.This is done even when no funds are expended for jobs during a quarter. Transportation projects,for example, may employ most
of
their workers in the fall, spring and summer mOllths. But thewinter hours will be coullted in the denominator until all work is completed.The Federal Jobs FTE statistic is a cumulative statistic. At each quarter it reports jobcreatioll and retention since February 17, 2009. This continues until the last dollar is spent andreported. For example, the State Fiscal Stabilization Fund -Government Services grant hasexpended over 90%
of
its funds. The remaining funds will be expended over the recoveryperiod. We, therefore, expect the number
ofFTEs
attributed to that program by the Federal JobsFTE statistic to decrease in each future quarterly report. There are many differellt statistics usedto describe
ajob
or FTE. We report the Federal Jobs FTE because it is the statistic that isreqllired and reported by the federal government.
ARRA, Progress Report -Data through September 30, 2009October 20, 2009Page 3
of3
ARRA
Contracts/Grants
Approved:
$407,297,839.37Through October
7,2009,
the Governor and Executive Council have approved$407,297,839.37 in ARRA-funded contracts or grants. As
of
September 30, 2009, an additional$19,549,721 has been received by unemployed people in New Hampshire through an additional$25 per week benefit paid for with ARRA funds.As
of
October 14,2009, the federal Recovery Accountability and Transparency Board("RATB") reports that a total
of
$965,468,052 in contracts, grants, loans and entitlementpayments have been made available to the State, municipalities, universities, colleges,nonprofits, businesses, and individuals in New Hampshire. This statistic includes the amountreported above as approved for expenditure by the Governor and Executive Council. According
to
the RATB, the $965,468,052 includes $22,249,485 in contracts, $759,449,938 in grants, and$183,768,630 in loans.As
of
October 13,2009, the RATB reported that federal agencies had announced a totalof$1,385,840,000 in funds will become available overall to recipients in New Hampshire. Thisamount includes funds committed in direct contracts between the federal government and NewHampshire businesses, support for tuition for students attending New Hampshire universities,colleges, and trade schools, entitlement payments to residents
of
New Hampshire, direct federalresearch grants to New Hampshire universities and colleges, direct federal grants tomunicipalities, non-profits, and businesses, as well as the funds that will be managed directly oras pass-through grants by the State. For further information visit: www.recovery.gov.Please find attached a report showing a breakdown
of
the programs identified as beingsubject to the ARRA Section 1512 reporting process which reported data for the Federal JobsStatistic as
of
September 30,2009. Additional information on New Hampshire's implementation
of
the American Recovery and Reinvestment Act is available at: http://www.nh.gov/recovery/tfully
~ i t t
,
//Jvr
Orville
B.
Fitch IIDirector, Office
of
Economic StimulusCC: Honorable Sylvia Larsen, President
of
the SenateHonorable Terie Norelli, Speaker
of
the House
of
RepresentativesHonorable Marjorie Smith, Chair, Joint Legislative Fiscal Committee
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