7 Years Later, Over $3 Billion in Hurricane Relief Money Remains Unspent
Over seven years after hurricanes Ike and Dolly devastated the Texas coast, $3.1 billion in federal disaster relief remains unspent. It's a number that recently became a point of focus at a state Senate Committee hearing on disaster recovery.
It came up while lawmakers questioned representatives from the Texas General Land Office yesterday. Ken Wisian works on coastal disaster recovery for the General Land Office. He testified that staffing constraints had a lot to do with the delay.
For us, to flow the fund through the regional and local partners and then through to construction, is at about the point where everyone can stay on top of it and make sure everythings done right, Wisian said.
That was not enough to placate members of the Senate Committee on Intergovernmental Relations.
Read more: http://kut.org/post/7-years-later-over-3-billion-hurricane-relief-money-remains-unspent
[font color=330099]It sounds like the state owes a nice fat refund check back to the feds. They probably made about a $1 billion in interest already.[/font]