Long Branch Appropriates $5 Million For Hurricane-Related Expenses
No word on how much FEMA will reimburse city
Long Branch is now appropriating $5 million for Hurricane Sandy-related expenses and is still unsure of how when and how much money FEMA will reimburse the city. Long Branch CFO Ron Mehlhorn said the council rescinded the emergency appropriation of $2 million it made earlier this month and increased the amount to $5 million on Tuesday night. "That will give us the ability to write that off over five years instead of having to raise the ($2 million) next yea," Mehlhorn said. Mehlhorn said the $5 million appropriation is called a special emergency note that allows for damages to streets, bridges and public property damaged by a flood or Hurricane Sandy. It allows the city to pay off one fifth of the appropriation every year for the next …
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