Mississippi officials said the state budget is in good shape to survive this spring’s twin natural disasters of tornadoes and river flooding.
The state still has tens of millions of dollars set aside from Hurricane Katrina recovery, and top lawmakers say that cash is providing a cushion that could help cover the recovery expenses from the latest disasters. It could be months before the tab is calculated.
Other states such as Missouri and Alabama anticipate budget problems because of massive tornadoes that struck in the past couple of months.
Mike Womack, director of the Mississippi Emergency Management Agency, said recovery from big disasters typically takes more than a single year, so the expenses are spread out over multiple budget cycles.
Topics Mississippi
Was this article valuable?
Here are more articles you may enjoy.
New York State Has Budget Deal That Includes Auto Insurance Reforms: Gov. Hochul
California Taking Action Against State Farm Over LA Wildfire Claims
Trump Administration Targets Dismantling of Already-Weakened DEI
Berkshire CEO Abel Says Insurance Becoming Increasingly Competitive 

