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Old Posted May 31, 2013, 12:49 PM
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McC McC is offline
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The federal infrastructure stimulus program ended officially in March 2011, but funding was extended to Oct to allow projects already underway to be completed over the 2011 construction season. I know and work with people who implemented the program, and to the best of my knowledge, There was no moment (after 2010) where the government said "here's the money we have left, who wants it?" Federal funding under these types of programs reimburses costs incurred, it's not available up front. Unspent funds at the end of the program went unspent. That's one of the main reasons that the federal deficit has been coming in under estimates every year since the crisis passed.
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