With damage estimates after last year’s hurricanes approaching $300 million, Gov. Mike Easley has asked legislators to approve the expenditure of $61 million from the North Carolina Rainy Day Fund.
Easley’s office has allocated or spent both state and federal money provided for storm assistance. He diverted $90 million in December from state agencies and secured more than $100 million in federal aid. The North Carolina Department of Transportation also spent $35 million on road and bridge repairs in the western part of the state.
Was this article valuable?
Here are more articles you may enjoy.
US Data Centers Set to Burn More Natural Gas Than Most Nations
Buffett Steps Down as Berkshire Chair, Ending Six-Decade Run
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud
Ryan Specialty Unit Withdraws Protest Over FL Commercial Clearinghouse Contract 


