New Money in The Bank: Hurricane Irma Financial Update

MARATHON, FL – Tina Boan, Monroe County Director of Budget and Finance, presented the Hurricane Irma recovery finance report at today’s Board of County Commission meeting in Marathon.

As of July 17, 2019, the County has submitted $60.6 million in completed and tentative projects for approval to the U.S. Dept. of Homeland Security Federal Emergency Management Agency (FEMA) and the Florida Department of Emergency Management (FDEM). The state has validated, or approved, $34.5 million of the $45 million in completed or in progress projects to be dispersed to Monroe County. The County having received a total of $24.6 million (in the bank). The remaining expenses are still in the first review phase.

“The $16.7 we received this week is the biggest chunk we have been issued, so this is huge, and we have another $2 million in the pipeline to receive,” said Boan. “Monroe County staff has worked very hard and I want to make sure they are recognized for their outstanding jobs.”

A detailed list of projects submitted to FEMA that have been obligated, paid, pending, or are under review can be found atwww.monroecounty-fl.gov/irmafinancials.

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