The Katrina Index: Relief and Recovery
From the Institute's report, Blueprint for Gulf Renewal: The Katrina Crisis and a Community Agenda for Action, released this week.
Rebuilding and Recovery
Amount that Bush administration says has been spent on Gulf Coast recovery since 2005 hurricanes: $116 billion
Estimated percent of those funds that are for long-term recovery projects: 30
Amount of FEMA's 2005 disaster relief budget that was spent on administrative costs: $7 billion
Percent of the 2005 relief budget that represented: 22
Of $16.7 billion in Community Development Block Grants earmarked for long-term Gulf Coast rebuilding, percent that had been spent as of August 2007: 30
Of $8.4 billion allocated to the U.S. Army Corps of Engineers for levee repair in Louisiana, percent that had been spent as of July 2007: 20
Percent of rebuilding costs that Gulf Coast local governments were required to pay up front to receive matching federal funds, due to a Stafford Act provision that Congress has since waived for the region: 25, later reduced by President Bush to 10
Percent that New York had to pay after 9/11 and Florida after Hurricane Andrew, because the federal government waived the Stafford Act's matching requirement: 0
Amount of additional money for rebuilding now available since the match requirement was waived in the Gulf Coast: up to $1 billion
As of June 2007, value of controversial "cost plus" Katrina contracts given out by three federal agencies, which allows companies to charge taxpayers for cost overruns and guaranteed profits: $2.4 billion
As of August 2006, value of Gulf Coast contracts that a Congressional study found were "plagued by waste, fraud, abuse or mismanagement": $8.75 billion
For more on the state of the Gulf Coast recovery two years after Katrina, read the full report here (pdf).
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Chris Kromm
Chris Kromm is executive director of the Institute for Southern Studies and publisher of the Institute's online magazine, Facing South.