California Healthline Daily Edition

Summaries of health policy coverage from major news organizations

Audit: Calif. Might Have Lost $3B in Stimulus Funding

In a report sent to Gov. Jerry Brown (D) and the Legislature last week, state Auditor Elaine Howle said that the state might have lost up to $3 billion in federal stimulus funding because it failed to spend the money in time. According to the report, California has been awarded $38.8 billion in stimulus funding, with spending deadlines ranging from September 2010 to September 2013. As of March 31, $8.6 billion -- or 22% -- of the funding was unspent. The report notes, "Any unspent funds for these grants after the respective deadline must revert to the federal government."

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