Federal Stimulus Plan

The City of Norman and the Federal Stimulus Bill

President Obama signed the stimulus bill into law on February 17, 2009.

The total cost is $787.2 billion with $575.3 billion in spending and $211.9 billion in tax cuts. It is the largest single cash infusion into the American economy. There are more that 75 federal programs that received funding that could benefit local governments.

The purpose of the bill is to preserve and create jobs and promote economic recovery; assist those most impacted by the recession; provide investments needed to increase economic efficiency by spurring technological advances; invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits and stabilize state and local government budgets.

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Transportation Projects
CDBG Funding