The State Stabilization Fund allocation of the stimulus act requires 81.8% of the $53.6 billion be targeted toward education. However, as we have blogged previously, 18.2% of these funds can be used for other purposes at governors discretion, including public safety. A recent blog by government business analyst INPUT nicely consolidates where we’re beginning to see states allocate the mysterious 18.2%.
Source: State Fiscal Stabilization Fund Applications
Clearly, some states are beginning to get the message regarding using these funds for public safety purposes. California and South Dakota plan to use all of their discretionary funds to protect citizens, while Wisconsin will allocate 40%. Using information from Workforce Alliance and some quick math reveals the following public safety dollar potential in these three states:
CA = $709 million
SD= $ 15 million
WI= $ 42 million
Total= $766 million
Companies with public safety offerings will do well to target these key states, as well as keep an eye on decisions made by other states as allocations are revealed further.