Storm costs for NJ much higher than predicted, report says - Los Angeles News | FOX 11 LA KTTV

Superstorm Sandy

Storm costs for NJ much higher than predicted, report says

Posted: Updated:
Much of the boardwalk and theme rides were destroyed in Seaside Heights, N.J. Much of the boardwalk and theme rides were destroyed in Seaside Heights, N.J.
MYFOXNY.COM -

Superstorm Sandy has taken a much larger financial toll on New Jersey's residents, businesses, and municipalities that previously estimated, according to a new report from a nonpartisan group.

The cost from the destruction and rebuilding, including estimates for uncovered costs, could rise by the billions, according to the report, which is called "Extreme Weather, Extreme Costs: The True Financial Impact of Hurricane Sandy on New Jersey Homeowners, Businesses and Municipalities." The report comes from US Strong, a nonprofit that says its mission is to protect communities from extreme weather.

"Things are changing, so we are going to have change," state Sen. Robert Singer, a Republican, said in a statement released by the US Strong. "Across the nation, we're seeing intense storms, more frequent storms, and unfortunately greater catastrophes. There has to be a permanent funding source, so we don't sit there and wait and say, 'Does Congress like us this year or not?' We have to look into how to fund this dedicated fund. We have to look at all avenues."

The report shows that the toll from the storm has topped $70 billion; more than half of that price tag is for New Jersey alone. Of that amount, the New Jerseyans will have to deal with $8 billion to $13 billion not covered by federal or state aid. But the toll won't end there, the report said, because that could rise by a lot.

US Strong compiled the report using a team of journalists who interviewed dozens of New Jersey residents and local officials. (You can watch some of the interviews HERE.)

"We cannot just talk about the need for emergency relief and storm preparedness," Curtis Fisher, the co-author of the report, said in a statement. "We need to fund it to protect the New Jersey shore and other communities across the country from extreme weather."

US Strong is calling for the creation of a dedicated federal fund to help communities prepare for and respond to extreme weather. With a dedicated fund in place, affected communities wouldn't have to wait for the U.S. Congress to pass disaster relief packages.

www.USStrong.us

  • New Jersey NewsNew Jersey NewsMore>>

  • Friday Night Live: July 25, 2014

    Friday Night Live: July 25, 2014

    Friday, July 25 2014 10:31 PM EDT2014-07-26 02:31:59 GMT
    This is Fox 5's Friday Night Live, a weekly celebration of the end of the work week. All summer long, the Fox 5 team brings you the latest in entertainment, nightlife, food, and music in our area. In this jam-packed episode: QuickChek New Jersey Festival of Ballooning, Stephen "Twitch" Boss, actress Mary Lynn Rajskub, and Michael Chernow and Chef Daniel Holzman of the Meatball Shop.
    This is Fox 5's Friday Night Live, a weekly celebration of the end of the work week. All summer long, the Fox 5 team brings you the latest in entertainment, nightlife, food, and music in our area. In this jam-packed episode: QuickChek New Jersey Festival of Ballooning, Stephen "Twitch" Boss, actress Mary Lynn Rajskub, and Michael Chernow and Chef Daniel Holzman of the Meatball Shop.
  • Maryland casino to interview workers from closing Atlantic City casinos

    Md. casino eyes workers from closing Atlantic City casinos

    Friday, July 25 2014 4:32 PM EDT2014-07-25 20:32:23 GMT
    AP photoAP photo
    A Maryland casino is looking to hire some of the soon-to-be-jobless Atlantic City casino workers. Maryland Live! is holding job fairs next week at the Sheraton hotel across from the Atlantic City Convention Center. The Hanover, Maryland casino held a similar recruitment effort in January when The Atlantic Club shut down.
    A Maryland casino is looking to hire some of the soon-to-be-jobless Atlantic City casino workers. Maryland Live! is holding job fairs next week at the Sheraton hotel across from the Atlantic City Convention Center. The Hanover, Maryland casino held a similar recruitment effort in January when The Atlantic Club shut down.
  • Jersey City swears in new firefighters

    Jersey City swears in new firefighters

    Friday, July 25 2014 3:23 PM EDT2014-07-25 19:23:09 GMT
    AP photoAP photo
    Jersey City has 26 new firefighters, including the city's first black woman to wear the uniform. Mayor Steven Fulop swore in the newest members of the department during a ceremony at City Hall on Friday. The city said the hiring was made possible by funds from a $6.9 million federal grant that was announced in January.
    Jersey City has 26 new firefighters, including the city's first black woman to wear the uniform. Mayor Steven Fulop swore in the newest members of the department during a ceremony at City Hall on Friday. The city said the hiring was made possible by funds from a $6.9 million federal grant that was announced in January.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices