IRMA: Financial Updates
MONROE COUNTY FINANCIAL UPDATES
As of May 31, 2019, the County has submitted $51.7 million in projects to the U.S. Dept. of Homeland Security Federal Emergency Management Agency (FEMA) and the Florida Department of Emergency Management for reimbursement.
As of May 31, 2019, the state has validated, or approved, $34.5 million. The remaining expenses are still in the first review phase. During the week of June 10, 2019, FEMA obligated $14.4 million to the State for distribution to the County. Before releasing the funds, the State does a second review process. The County has received $7.8 million in reimbursements from the State of the County's FEMA-obligated funds.
Tina Boan, Director of Budget and Finance for Monroe County says she expects the County to receive the reimbursements before the July 2019 BOCC meeting. “We have a good working relationship with the Department of Emergency Management and we are continuing to move forward,” she said.
Regarding the $6 million basecamp appeal, County Administrator Roman Gastesi is optimistic the appeal will be supported and overturned.
- Hurricane Irma Financial Update: June 2019 Opens a New Window.
FEMA FUNDING TO KEYS FOR IRMA
As of Sept. 4, 2018, Monroe County homeowners, renters and businesses have received more than $514 million in federal funding to help them recover from Hurricane Irma, according to information provided by FEMA.