IRMA: Financial Updates

MONROE COUNTY FINANCIAL UPDATES

As of Feb. 28, 2019, the County has submitted $47.5 million in projects for FEMA reimbursement. FEMA has approved $32.1 million of those submitted expenses and forwarded the approvals to the state Department of Emergency Management for its approval. Once the state approves expenses, FEMA can obligate the money to the state for payment to the County. 

As of Feb. 28, 2019, FEMA has obligated about $9.5 million in County expenses and made those funds available to the State for distribution to the County. The State also does a review process before sending the money to the County. The County has received $6.6 million from the State of the County's FEMA-obligated funds.

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.