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Thu November 3, 2011
Natural Disasters Costing Missouri $15 Million
Natural disasters have cost the state of Missouri $15 million and the state budget director says that tab is still going up.
by Matt Evans (Jefferson City, Mo.)
The state still hasn't received a bill from the Federal Emergency Management Agency. State budget director Linda Luebbering says the federal government will foot FEMA's bill up front, but the state will get billed for it later. And she still doesn't know how much that will be.
"We really don't have firm number yet. Obviously it's going to be a much bigger financial commitment than a typical year for the state of Missouri," Luebbering said.
Luebbering says that all of the 15 million dollars spent so far has come out of the general fund and it's too early to consider tapping into the state's rainy day fund.