News Focus
News Focus
Followers 29
Posts 25865
Boards Moderated 0
Alias Born 09/11/2002

Re: StephanieVanbryce post# 92881

Monday, 02/22/2010 3:33:13 PM

Monday, February 22, 2010 3:33:13 PM

Post# of 576019
Steph, neat website, but it lacks detail. For example, here's one line item:

Awards to ECONOMIC DEVELOPMENT & TOURISM, TEXAS GOVERNOR OFFICE OF:
Grants awarded $2,177,682,329

It might cause someone to say, "OMG, $2 billion for tourism in Texas!?! What a waste of government tax dollars!!!"

The problem with making that assumption is that it doesn't break down where the money went, so people see tourism and get all upset. However, I went to Recovery.org and looked it up, and found a break down right here:

http://www.recovery.gov/Transparency/RecipientReportedData/Pages/RecipientProjectSummary.aspx?AwardIDSUR=43381&PopId=24437

Basically, it was an education stabilization fund, and there are a ton of recipients included. Such as:

Sub-Award Transactions
[+] Sub-award 10557001213801 - BRAZOS RIVER CHARTER SCHOOL INC
Sub-award Transactions
Sub-Award Amount $25,296
Sub-Award Date 12/17/2009
Sub-Awards Disbursed 0.00
Project Location - City NEMO
Project Location - State TX
Project Location - Zip Code 760700000
Sub-Recipient DUNS Number 170078211
Sub-Recipient Address CITY ROAD 199 AND CITY RD 200
Sub-Recipient City NEMO
Sub-Recipient State Texas
Sub-Recipient Zip Code 760700000
Congressional District 17
Required To ReportTop 5 Highly Compensated Officials No

[+] Sub-award 10557001143906 - EZZELL IND SCHOOL DISTRICT
Sub-award Transactions
Sub-Award Amount $25,560
Sub-Award Date 10/28/2009
Sub-Awards Disbursed 0.00
Project Location - City HALLETTSVILLE
Project Location - State TX
Project Location - Zip Code 779640000
Sub-Recipient DUNS Number 958436743
Sub-Recipient Address 20500 FM 531
Sub-Recipient City HALLETTSVILLE
Sub-Recipient State Texas
Sub-Recipient Zip Code 779645474
Congressional District 25
Required To ReportTop 5 Highly Compensated Officials No

[+] Sub-award 10557001015812 - ASSOCIATION FOR ADVANCEMENT OF MEXICAN AMERICANS (INC)
Sub-award Transactions
Sub-Award Amount $25,675
Sub-Award Date 12/17/2009
Sub-Awards Disbursed 0.00
Project Location - City HOUSTON
Project Location - State TX
Project Location - Zip Code 770230000
Sub-Recipient DUNS Number 078438074
Sub-Recipient Address 6001 GULF FWY
Sub-Recipient City HOUSTON
Sub-Recipient State Texas
Sub-Recipient Zip Code 770235423
Congressional District 29
Required To ReportTop 5 Highly Compensated Officials No

[+] Sub-award 10557001109908 - MALONE INDEPENDENT SCHOOL DISTRICT
Sub-award Transactions
Sub-Award Amount $25,883
Sub-Award Date 12/11/2009
Sub-Awards Disbursed 0.00
Project Location - City MALONE
Project Location - State TX
Project Location - Zip Code 766600038
Sub-Recipient DUNS Number 024924003
Sub-Recipient Address 202 APPLE ST
Sub-Recipient City MALONE
Sub-Recipient State Texas
Sub-Recipient Zip Code 766600038
Congressional District 17
Required To ReportTop 5 Highly Compensated Officials No

[+] Sub-award 10557001200906 - OLFEN ISD
Sub-award Transactions
Sub-Award Amount $26,036
Sub-Award Date 11/09/2009
Sub-Awards Disbursed 0.00
Project Location - City ROWENA
Project Location - State TX
Project Location - Zip Code 768750000
Sub-Recipient DUNS Number 193072956
Sub-Recipient Address 1122 PRIVATE RD 2562
Sub-Recipient City ROWENA
Sub-Recipient State Texas
Sub-Recipient Zip Code 768754322
Congressional District 11
Required To ReportTop 5 Highly Compensated Officials No

[+] Sub-award 10557001015814 - SAN ANTONIO POSITIVE SOLUTIONS INC
Sub-award Transactions
Sub-Award Amount $26,340
Sub-Award Date 12/11/2009
Sub-Awards Disbursed 0.00
Project Location - City SAN ANTONIO
Project Location - State TX
Project Location - Zip Code 782120000
Sub-Recipient DUNS Number 940123433
Sub-Recipient Address 1325 N FLORES ST STE 100
Sub-Recipient City SAN ANTONIO
Sub-Recipient State Texas
Sub-Recipient Zip Code 782124905
Congressional District 20
Required To ReportTop 5 Highly Compensated Officials No

[+] Sub-award 10557001092801 - EAST TEXAS CHARTER HIGH SCHOOL
Sub-award Transactions
Sub-Award Amount $26,886
Sub-Award Date 11/13/2009
Sub-Awards Disbursed 16000.00
Project Location - City LONGVIEW
Project Location - State TX
Project Location - Zip Code 756010000
Sub-Recipient DUNS Number 011574907
Sub-Recipient Address 2402 ALPINE RD
Sub-Recipient City LONGVIEW
Sub-Recipient State Texas
Sub-Recipient Zip Code 756013407
Congressional District 01
Required To ReportTop 5 Highly Compensated Officials No


It also has a lot of vendor information, and you can see vendors such as Apple and Dell - probably purchasing computers for school children.

Vendor Transactions
[+] Award Number S394A090044 - Prime Systems
Award Number S394A090044
Sub-Award Number 10557001235902
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 770360000
Vendor Name Prime Systems
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - Reliant Energy
Award Number S394A090044
Sub-Award Number 10557001108909
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 770020000
Vendor Name Reliant Energy
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - Hallettsville Independent School District
Award Number S394A090044
Sub-Award Number 10557001143901
Vendor DUNS Number 189342579
Vendor HQ Zip Code + 4 779642522
Vendor Name Hallettsville Independent School District
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - Apple Inc.
Award Number S394A090044
Sub-Award Number 10557001057919
Vendor DUNS Number 060704780
Vendor HQ Zip Code + 4 950142083
Vendor Name Apple Inc.
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - Shi International Corp.
Award Number S394A090044
Sub-Award Number 10557001084901
Vendor DUNS Number 829256671
Vendor HQ Zip Code + 4 787466916
Vendor Name Shi International Corp.
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - M&A Technology, Inc.
Award Number S394A090044
Sub-Award Number 10557001163904
Vendor DUNS Number 175646611
Vendor HQ Zip Code + 4 750065021
Vendor Name M&A Technology, Inc.
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - Lakeshore
Award Number S394A090044
Sub-Award Number 10557001123910
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 908950000
Vendor Name Lakeshore
Product and Service Description Not reported
Payment Amount $0

[+] Award Number S394A090044 - Dell Financial Services LP
Award Number S394A090044
Sub-Award Number 10557001098903
Vendor DUNS Number 007594492
Vendor HQ Zip Code + 4 78753
Vendor Name Dell Financial Services LP
Product and Service Description Not reported
Payment Amount $0


Doesn't sound so bad when the money goes to children, does it? And frankly, I don't see government waste. I see transformation in our educational system, thanks to the Recovery Act.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today