Storm costs for NJ much higher than predicted, report says - FOX13 News, WHBQ FOX 13

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>>

  • Mosquito-borne virus sickens 20 in NJ

    West Nile found in New Jersey mosquitoes

    Tuesday, July 29 2014 1:09 PM EDT2014-07-29 17:09:31 GMT
    Twenty New Jersey residents have tested positive for a mosquito-borne virus that has spread through the Caribbean. The state Health Department says the residents who came down with chikungunya had returned to New Jersey from the Caribbean. Chikungunya causes a high fever and severe pain in the joints. It is rarely fatal.
    Twenty New Jersey residents have tested positive for a mosquito-borne virus that has spread through the Caribbean. The state Health Department says the residents who came down with chikungunya had returned to New Jersey from the Caribbean. Chikungunya causes a high fever and severe pain in the joints. It is rarely fatal.
  • Stuck NJ Transit train removed

    Stuck NJ Transit train removed

    Tuesday, July 29 2014 12:24 PM EDT2014-07-29 16:24:49 GMT
    A New Jersey Transit commuter train with about 1,000 passengers on board became disabled just outside the Hudson River tunnel in Manhattan on Tuesday morning. The train which was on the Northeast Corridor line broke down near 10th Ave., according to NJ Transit officials.  It is not clear what caused the mechanical problem. Lighting and air conditioning on the train were never impacted, according to NJ Transit.
    A New Jersey Transit commuter train with about 1,000 passengers on board became disabled just outside the Hudson River tunnel in Manhattan on Tuesday morning. The train which was on the Northeast Corridor line broke down near 10th Ave., according to NJ Transit officials.  It is not clear what caused the mechanical problem. Lighting and air conditioning on the train were never impacted, according to NJ Transit.
  • Montville board of education deemed power lines 'No cause for concern'

    Montville board of education deemed power lines 'No cause for concern'

    Tuesday, July 29 2014 11:21 AM EDT2014-07-29 15:21:10 GMT
    A string of ever-changing, ever-expanding power lines runs through the spine of Montville, connecting houses across the grid to PSEG electricity, and it’s got citizens concerned about runaway electricity that may or may not be dangerous to those with access to the monopoles.
    A string of ever-changing, ever-expanding power lines runs through the spine of Montville, connecting houses across the grid to PSEG electricity, and it’s got citizens concerned about runaway electricity that may or may not be dangerous to those with access to the monopoles.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

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