The American Recovery and Reinvestment Act of 2009 presentation to March 13, 2009

1. The American Recoveryand Reinvestment Act of 2009presentation toMarch 13, 2009

2. American Recovery and Reinvestment Act AGENDA Introduction to Smith Dawson & Andrews – Jim Smith, Brian Hannigan, Mike Alvarez Overview of ARRA ARRA Funding Specifics ICCSN Strategy Q & A

3. American Recovery and Reinvestment Act Introduction to SDA – Jim Smith Illinois Background and Ties Founded in 1981 Expertise in Transportation, Education, Energy Strong Relations with Illinois Delegation Represent Several Illinois Local Governments

4. American Recovery and Reinvestment Act Overview of ARRA – Brian Hannigan Emergency Stimulus/Recovery Bill Unprecedented in Size and Scope $787 Billion in New Spending and Tax Relief Contrast to President’s FY2010 Budget: $3.6 Trillion Total, of which $675 Billion is Non-Defense Discretionary Spending

5. American Recovery and Reinvestment Act Overview of ARRA No Earmarks - Funds to flow through competitiveFederal Agency processes and through states Stimulus funds do not affect any fiscal year appropriations or amounts under FY 2009 Continuing Resolution Stated goal is to use at least 50% of funds for activities that can be initiated within 120 days of enactment of Act

6. American Recovery and Reinvestment Act ARRA Spending - $499 Billion $144 Billion – State and Local Fiscal Relief $111 Billion – Infrastructure and Science $81 Billion – Protecting the Vulnerable $59 Billion – Health Care $53 Billion – Education and Training $43 Billion – Energy $8 Billion – Other

7. American Recovery and Reinvestment Act $ 499 Billion

8. American Recovery and Reinvestment Act ARRA Tax Relief - $288 Billion* Includes: $15 Billion - Infrastructure and Science $25 Billion - Education and Training $22 Billion – Energy * Tax Provisions could be used by private entities in partnerships with Community Colleges

9. American Recovery and Reinvestment Act Purpose and Goals of ARRA Purpose Preserve and create jobs and promote economic recovery Assist those most impacted by the recession Spur technological advances in science and health Invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits Stabilize State and local government budgets, in order to minimize and avoid reductions in essential services and counterproductive State and local tax increases

10. American Recovery and Reinvestment Act Purpose and Goals of ARRA Goals Create or save more than 3.5 million jobs over 2 years Computerize health records - reducing medical errors and saving billions in health care costs (Building Block for Healthcare Reform) Revive the renewable energy industry and provide the capital over the next three years to eventually double domestic renewable energy capacity Undertake largest weatherization program in history by modernizing 75 percent of federal building space and more than one million homes

11. American Recovery and Reinvestment Act Purpose and Goals of ARRA Goals Increase college affordability for seven million students by funding Pell Grants, increasing the maximum award level by $500, and providing a new higher education tax cut to nearly 4 million students Invest $150 Billion in new infrastructure - roads, bridges, mass transit systems Provide an $800 Making Work Pay tax credit for 129 million working households, and cut taxes for the families of millions of children through an expansion of the Child Tax Credit Require unprecedented levels of transparency, oversight, and accountability.

12. American Recovery and Reinvestment Act ARRA Guiding Principles Create and Preserve Jobs Establish Unprecedented Transparencyand Reporting Requirements Make Funds Available as Quickly as Possible - Consistent with Prudent Management and Financial Practices Stimulus funds do not affect any fiscal year appropriations or amounts under FY 2009 Continuing Resolution Stated goal is to use at least 50% of funds for activities that can be initiated within 120 days of enactment of Act

13. American Recovery and Reinvestment Act ARRA Time Line February 13 – Congress Enacts H.R. 1 February 17 – President Obama signs ARRA into law; recovery.gov website activated February 19 – Federal Agencies begin reporting formula block grant awards February 25 – Federal Agencies establish Recovery websites March 3 – Federal Agencies begin reporting use of funds Weekly Updates to include: *Breakdown of Funding *Major Actions Taken to Date *Major Planned Actions

14. American Recovery and Reinvestment Act ARRA Time Line May 1 – Agency Recovery Plan deadline May 5 – Agencies to Provide all ARRA assistance transactions to USASpending.gov May 15 – Detailed Agency Financial Reports Become Available May 20 – Federal Agencies begin to report competitive grants and contracts June 17 – Target Deadline to Begin Activities Funded with 50% of ARRA Monies July 15 – Recipients of Federal Funding begin reporting on their use of funds September 30, 2010 – Funds Spent

15. American Recovery and Reinvestment Act ARRA Funding Specific Opportunities for Community Colleges and the Illinois Community College Sustainability Network

16. American Recovery and Reinvestment Act Specific Opportunities – Dept. of Labor $750M- “Green” and Health Care Worker Training Program - worker training and placement in high-growth industry sectors. Priority given to projects that prepare workers for careers in energy efficiency and renewable energy

17. American Recovery and Reinvestment Act Specific Opportunities – Dept. of Energy Energy Efficiency and Renewable Energy- $16.8B -$2.5B applied research -$800M biomass projects -$400M geothermal activities and projects -$50M information and communication technology -$3.2B EECBG – Energy Efficiency and Conservation Block Grants -$2.8 B by Formula -$400 M Competitive Grants

18. American Recovery and Reinvestment Act Specific Opportunities – DOE (Cont.) Energy Efficiency and Renewable Energy- $16.8B(Cont.) -$5B Weatherization Assistance Program -$3.1B State Energy Program -$2B Advanced Battery Manufacturing grants -$300M Alternative Fueled Vehicles Pilot Grants -$400M Transportation Electrification -$300M Energy Efficiency Appliance Rebate and Energy Star Program

19. American Recovery and Reinvestment Act Specific Opportunities – DOE (Cont.) Electricity Delivery and Energy Reliability -$4.5B Smart Grid Investment Program -$100M Worker training activities -$80M resources assessment and analysis of future demand Fossil Energy Research and Development -$1B R & D Programs -$800M Clean Power Coal Initiative -$1.52B Competitive grants for carbon capture and energy efficiency improvement projects -$20M Geologic sequestration training and research grants

20. American Recovery and Reinvestment Act Specific Opportunities – DOE (Cont.) Office of Science - -$400M Advanced Research Projects Agency for high-risk, high-payoff research for alternative energy innovation Innovative Technology Loan Guarantee Program -$6B loan guarantees for renewable technologies and transmission technologies – expected to support more than $60B in loans

21. American Recovery and Reinvestment Act Specific Opportunities – Dept. of Commerce National Telecommunications and Information Agency Broadband Technology Opportunities Program - $4.7B Total to accelerate broadband deployment in underserved areas and to strategic institutions likely to create jobs or provide significant public benefits -$200M – Grants to expand public computer center capacity, specifically including community colleges and public libraries

22. American Recovery and Reinvestment Act Specific Opportunities – National Science Foundation $200M-Academic Research Facilities Modernization- All research divisions and advancements in supercomputing technology $60M- Robert Noyce Scholarship Program to encourage K-12 math/science teachers (incl. undergrad scholarships) $25M- Math and Science Partnerships Program – supports innovative partnerships to improve K-12 student achievement in math and science

23. American Recovery and Reinvestment Act Specific Opportunities – Department of Education Student Financial Assistance- $15.84B - $15.64B Pell Grants – maximum raised to $5,350 - $200M- College work-study Higher Education- $100M - $250M - Institute of Education Sciences - data coordination

24. American Recovery and Reinvestment Act Specific Opportunities – Department of Health and Human Services (HHS) National Health Service Corp - $500M for Health Professions Training Programs * Includes Nursing

25. American Recovery and Reinvestment Act Funding through the State of Illinois $53.6B – State Fiscal Stabilization FundDistributed directly to states $8.8B - to states for high-priority needs (public safety, education) and modernization, renovation and repair of public schools and higher education facilities $1.8B - Illinois Funding Share

26. American Recovery and Reinvestment Act Funding through the State of Illinois $5B – Weatherization Assistance ProgramIllinois Share - $248.6M State Energy ProgramIllinois Share $103.0M $2.95B – Workforce Investment Act Grants Illinois Share: Adults - $26.0M Youth - $62.8M Dislocated Workers - $65.3M

27. American Recovery and Reinvestment Act Tax Provisions * Advanced Energy Investment Credit- Up to $2.3B in credits. A 30% investment tax credit for manufacturing of advanced energy property. Long-term Extension and Modification of Renewable Energy Production Tax Credit- Extends the placed-in-service date for wind facilities and other renewable energy facilities for 3 yrs (through 12/31/12) * Tax Provisions could be used by private entities in partnerships with Community Colleges

28. American Recovery and Reinvestment Act Tax Provisions (Cont.) Temporary Election to Claim the Investment Tax Credit in Lieu of the Production Tax Credit Subsidized Energy Financing Limitation on the Investment Tax Credit Removal of Dollar Limitations on Certain Energy Credits Clean Renewable Energy Bonds (“CREBs”) Qualified Energy Conservation Bonds Addition of Permanent Sequestration Requirement to C02 Capture Tax Credit

29. American Recovery and Reinvestment Act Funding Process What Should ICCSN Do? Agencies now ramping-up to process funding requests New information available daily Need to monitor websites and explore contacts

30. THE WHITE HOUSE Office of the Vice President________________________________________For Immediate Release                                                 March 12, 2009 Administration Announces Nearly $8 Billion in Weatherization Funding and Energy Efficiency Grants Will support energy efficiency efforts nationwide that will create 87,000 jobs and cut energy bills for families Washington DC -- Vice President Joe Biden and Energy Secretary Chu today detailed an investment of nearly $8 billion in state and local weatherization and energy efficiency efforts as part of the President’s American Recovery and Reinvestment Act. With an investment of about $5 billion through the Weatherization Assistance Program and about $3 billion for the State Energy Program, the Department of Energy will partner with state and local governments to put 87,000 Americans to work and save families hundreds of dollars per year on their energy bills. To jump-start job creation and weatherization work, the Department of Energy is releasing the first installment of the funding – about $780 million -- in the next few days. The Department will release additional funding over time as states demonstrate that they are using the funding effectively and responsibly to create jobs and cut energy use.

31. THE WHITE HOUSE Office of the Vice President________________________________________For Immediate Release                                                 March 12, 2009 Obama-Biden Administration Announces Nearly $344 Million in Weatherization Funding and Energy Efficiency Grants for IllinoisPart of nearly $8 billion in Recovery Act funding for energy efficiency efforts nationwide that will create 100,000 jobs and cut energy bills for families Washington DC -- Vice President Joe Biden and Energy Secretary Chu today announced Illinois will receive $343,847,619 in weatherization and energy efficiency funding – including $242,526,619 for the Weatherization Assistance Program and $101,321,000 for the State Energy Program. 

32. American Recovery and Reinvestment ActICCSN Strategy ICCSN Initiatives Illinois Congressional Delegation Letter to Governor Pat Quinn – 100% Support!Signed by All 18 Current Members of Congress Proposed Network Expansion and Green Collar Workforce Grant ProgramNow Pursuing with DCOE and Office of Governor Pat Quinn

33. American Recovery and Reinvestment Act Conclusion Questions and Answers

34. Thank You