Cuomo: State To Provide More Funds for Tropical Storm Costs
Wednesday, April 11, 2012 - 01:36 PM
Governor Andrew Cuomo said Wednesday that the state will cover the local cost for recovery from Tropical Storms Irene and Lee.
The state will make $61 million dollars available to 25 counties to cover costs associated with emergency shelter, road, water system and infrastructure repair, stream and riverbed mitigation and other clean-up projects.
The Federal Emergency Management Agency typically covers 75 percent of eligible costs related to disaster response and recovery, with the remaining 25 percent typically shared equally by the state and localitites.
The storms "devastated communities across our state, uprooting lives and placing a tremendous financial strain on families and local governments," Governor Cuomo said. "I am pleased that New York State could step up to the plate and provide tens of millions of dollars in funding to take the pressure off local governments and taxpayers, and allow existing rebuilding and recovery projects to move forward as quickly as possible."
The state is able to cover the local costs through funding put in place by the Legislature and additional federal funds requested by the governor.
Total recovery from last summer's storms is expected to exceed $1.6 billion.