New York State is going to pick up the local share of recovery costs from Hurricane Irene and Tropical Storm Lee.
The state investment will be worth about $61 million, with almost $1 million for Montgomery County, $500,000 for Saratoga County, $1.8 million for Schenectady County and $12.8 million for Schoharie County. The money will cover about 12 percent of the recovery expenditures, which is the portion left over after the federal and state government paid for the other costs.
The total storm recovery expenditures are estimated to be more than $1.6 billion. Projects include work on emergency shelter, road, water system and infrastructure repair, stream and riverbed mitigation, and other clean-up projects.
"Hurricane Irene and Tropical Storm Lee devastated communities across our state, uprooting lives and placing a tremendous financial strain on families and local governments," said Gov. Andrew Cuomo in a statement. "During the storms and their aftermath, New Yorkers in an outpouring of goodwill came together to lend a hand to their neighbors, and now it is the state's turn to lend a hand to localities. 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."
State Sen. James Seward said in a statement, “Immediately after Irene and Lee hit I implored the governor to take this step, and I co-sponsored legislation that would require the state to pick up the local share of flood repair costs. Communities have banded together to rebuild, and the state has been there every step of the way, but the mounting repair bills have been looming. Removing this substantial burden from the shoulders of local government and taxpayers is a vital step toward a full recovery both physically and fiscally.”
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