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Monday, July 25, 2016

Fed spending nears $100 million in Buena Vista

Thursday, December 6, 2001

Direct federal spending in Buena Vista County had increased by 4.0 percent from $94,317,000 during fiscal year 1999 to $98,228,000 during fiscal year 2000 according to a report recently issued by the U.S. Department of Commerce.

Direct federal spending in Iowa was $14,750,803,000 during fiscal 2000 having declined by 5.5 percent from $15,601,525,000 during fiscal 1999.

What do the feds invest in you? Per capita (per person) direct federal spending in Buena Vista County was $4,830 during fiscal 2000, compared to a statewide average of $5,740 per person. Per capita direct federal spending in Iowa was $5,041 during fiscal 2000. Per capita direct federal spending in Buena Vista County was only 83.8 percent of national spending levels.

The Department of Commerce report breaks direct federal spending down into five categories: retirement and disability payments, all other direct payments to individuals, grants, procurement contracts, and salaries and wages.

The retirement and disability payments were the largest single category of direct federal spending during fiscal 2000. These amounted to $555.8 billion having increased by 6.2 percent from $523.4 billion during fiscal 1999.

Retirement and disability payments include all types of Social Security payments, federal retirement and disability benefits, and certain veterans' benefits. This category of direct federal spending is expected to increase significantly as the "baby-boom" generation begins retiring.

Retirement and disability payment in Buena Vista County were $43,176,000 during fiscal 2000 having increased by 3.1 percent from $41,881,000 during fiscal 1999. Retirement and disability payments in Iowa had increased by 4.7 percent over the period from $5,750,560,000 during fiscal 1999 to $6,021,801,000 during fiscal 2000.

Retirement and disability payments accounted for 44.0 percent of all direct federal spending in Buena Vista County during the fiscal year. The local per capita figure for retirement and disability payments was $2,115.

Nationally, retirement and disability payments were 33.9 percent of all direct federal spending while accounting for 40.8 percent of direct federal spending in Iowa. National per capita retirement and disability payments were $1,948 during fiscal 2000 while per capita retirement and disability payments were $2,050 in Iowa.

All other direct payments to individuals include all federal payments made to individuals besides retirement and disability payments. These include a large number of programs ranging from food stamps through payments made under the Protection of Ships from Foreign Seizure program.

Nationally, all other direct payments to individuals had increased by 11.2 percent from $328.3 billion during fiscal 1999 to $365.8 billion during fiscal 2000. The largest and best known single program falling into this category of direct federal spending was Medicare which accounted for $215.7 billion or nearly two-thirds of these expenditures during the fiscal year.

All other direct payments to individuals in Buena Vista County had fallen from $34,945,000 during fiscal 1999 to $33,618,000 during fiscal 2000 or by 3.8 percent. All other direct payments to individuals in Iowa had declined by 27.4 percent from $5,387,789,000 during fiscal 1999 to $3,911,669,000 during fiscal 2000.

All other direct payment to individuals accounted for 34.2 percent of direct federal spending in Buena Vista County during fiscal 2000 compared to 22.3 percent of direct federal spending nationally and 26.5 percent of direct federal spending in Iowa. The per capita figure for this category of federal spending in Buena Vista County was $1,647, compared to a national per capita figure of $1,280 and a per capita figure of $1,337 in Iowa.

Nationally, grant awards had increased by 4.8 percent from $294.5 billion during fiscal 1999 to $308.5 billion during fiscal 2000. Almost every department and agency during of the Federal Government provides grants of some sort. These range from funds for the Corporation for Public Broadcasting through the Institute of Museum and Library Services. The Department of Health and Human Services expends the majority of federal grant funds having dispensed $189.7 billion in grants during fiscal 2000.

Grant funding in Buena Vista County was $14,264,000 during fiscal 2000 having increased very sharply by 73.1 percent from $8,238,000 during fiscal 1999. The volume of federal grants in Iowa had increased by 5.0 percent over the period from $2,585,290,000 during fiscal 1999 to $2,713,521,000 during fiscal 2000.

Grants accounted for 14.5 percent of direct federal spending in Buena Vista County during fiscal 2000 compared to 18.8 percent of direct federal spending nationally and 10.4 percent of direct federal spending in Iowa. Per capita grants in Buena Vista County were $699 while per capita grants nationally were $1,082, and per capita grants in Iowa were $927.

Expenditures for federal procurements include all outlays for goods and services made by the Federal Government under formal contractual agreements. Total procurement expenditures increased by 3.2 percent over the period from $216.4 billion during fiscal 1999 to $233.3 billion during fiscal 2000.

Expenditures through federal procurement contracts in Buena Vista County were $1,035,000 during fiscal 2000 having fallen very sharply by 70.3 percent from $3,484,000 during fiscal 1999. Total procurement expenditures in Iowa had increased by 24.2 percent from $897,981,000 during fiscal 1999 to $1,115,415,000 by fiscal 2000.

Procurement contracts accounted for only 1.1 percent of direct federal spending in Buena Vista County during fiscal 2000 compared to 13.6 percent of direct federal spending nationally and 7.6 percent of spending in Iowa. Per capita procurement spending in Buena Vista County was only $51 compared to a national per capita figure of $783 and a per capita figure of $381 in Iowa.

Federal wages and salaries were $184.5 billion during fiscal 2000 up by 4.1 percent from $177,3 billion during fiscal 2000. These figures include both civilian and military payrolls. Federal wages and salaries in Buena Vista County had increased by 6.3 percent from $5,770,000 during fiscal 1999 to $6,134,000 during fiscal 2000. Federal wages and salaries in Iowa had increased by 1.9 percent from $969,905 during fiscal 1999 to $909,297,000 during fiscal 2000.

Wages and salaries accounted for 6.2 percent of total direct federal spending in Buena Vista County during fiscal 2000 compared to 11.4 percent of national direct spending and 6.7 percent of direct federal spending in Iowa. Per capita spending for wages and salaries in Buena Vista County was $301 during 2000 while national per capita spending for this category was $647. Per capita wage and salary spending in Iowa was $338 during fiscal 2000.



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