LOS ANGELES (AP) — The city of Los Angeles has spent only a quarter of its federal stimulus money though the bulk of the funding was awarded nearly two years ago.
The Los Angeles Times reports Sunday that the city has netted more than $630 million in grants but had completed only eight of its 108 projects by mid-October.
Officials told the Times that staff cuts and initial confusion about the program’s rules have made it tough to move projects quickly.
City officials say Los Angeles had spent 13.3 percent of its money in October, while New York had spent 25 percent of its funding and Chicago had spent 47 percent.
Officials say none of the projects risk losing funding despite the delays.
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