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.
Two Past Hurricanes, OIR Data Give Idea of What to Expect From Isaias in Florida 
Another Crane, Then Another, Collapses Onto Home in Fort Lauderdale 
Uninsurable Future: Managing the Climate-Change-Fueled Home Insurance Crisis 
Zurich Insurance Completes Acquisition of Beazley, Names New Beazley CEO From This Issue
