Federal, state money to pay for most TN flood damage - WRCBtv.com | Chattanooga News, Weather & Sports

Federal, state money to pay for most TN flood damage

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NASHVILLE (AP) - Local taxpayers in Nashville will largely be off the hook for the costs of repairing public facilities damaged by severe flooding in May.

The Tennessean quoted Metro Nashville Finance Director Rich Riebling who said the estimated cost of fixing public works after the flood is about $250 million.

Riebling said all but about $5 million will be reimbursed by federal and state government and a $100 million city insurance policy.

There was also significant damage from flooding in West Tennessee.

Jeremy Heidt, a spokesman for the Tennessee Emergency Management Agency, said Tuesday that hard figures on the damage statewide won't be available for 18 months after the flooding, which was triggered by heavy rain on May 1-2.

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Information from: The Tennessean, http://www.tennessean.com

 

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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