Gov Cooper Proposed Budget Recommendations For Helene Relief & Recovery

Governor Cooper proposed his budget recommendations for Hurricane Helene Relief and Recovery.

Here are some of the topline items:

• Initial damage estimates are $53 billion, roughly three times Hurricane Florence estimates in 2018 and the largest in state history
• The Governor’s funding package includes $650 million to address economic losses and physical damage for non-agricultural businesses and non-profit organizations.
• $578 million to address the physical damage and cleanup of energy, water, waste clean-up, telecommunications, dams and other infrastructure.
• $55 million to address physical damage and state revenue implications of the transportation infrastructure damage.
• $422 million to address physical damage and business disruption for agricultural enterprises.

The full Budget Recommendation can be found here.