Gov. Chris Christie announced Wednesday that Hurricane Sandy's estimated financial impact to New Jersey will be $36.8 billion.
In addition to $29.4 billion for repair and response, the cost for supplemental mitigation, protection and prevention will be another $7.4 billion, resulting in a cumulative total of $36.8 billion.
Christie announced the figure during a news conference in Trenton and said he's submitting this estimate Wednesday to the White House, New Jersey's congressional delegation as well as New York officials.
The $36.8-billion damage total is a sum larger than the state's annual budget.
Christie also announced a key appointments in the formal hurricane recovery effort, including Marc Ferzan to manage efforts within the governor's office.
Ferzan was previously executive assistant attorney general and a colleague of Christie's at the U.S. Attorney's office before leaving for a private sector job. In his return to the public sector, Ferzan will be responsible for overseeing and coordinating Christie's long-term recovery efforts with all federal, state, local, private, and non-governmental partners.
And Christie announced the retention of Witt Associates, a team with vast experience in disaster recovery and large scale mitigation management. James Witt is a special advisor to the State of Louisiana, assisting with the nation's largest long-term recovery effort in the aftermath of Hurricanes Katrina and Rita, and previously served as FEMA director under President Bill Clinton.
Sunday, May 19 2013 5:27 PM EDT2013-05-19 21:27:52 GMT
Pounding winds and violent surf from Hurricane Sandy left their mark on Ocean City, NJ. Beaches were washed out and there's concern about debris washing up. But Mayor Jay Gillian says no need to worry.
Mayor of Ocean City says no need to worry about debris filled beaches after Hurricane Sandy. He says plans have been taking place to make sure they're safe and clean.
Sunday, May 19 2013 5:25 PM EDT2013-05-19 21:25:28 GMT
The Pennsylvania State Police are searching for 21-year-old Matthew Royer, who went missing after leaving his apartment at the University of Rhode Island. Police says Royer left his college apartment
The Pennsylvania State Police are searching for 21-year-old Matthew Royer, who went missing after leaving his apartment at the University of Rhode Island. Police says Royer left his college apartment
Sunday, May 19 2013 8:20 AM EDT2013-05-19 12:20:57 GMT
Finding a job without a college degree can be a difficult task, even if you're a war veteran. Now, they have the opportunity to turn their military training into college credits.
Finding a job without a college degree can be a difficult task, even if you're a war veteran. Now, they have the opportunity to turn their military training into college credits.
Sunday, May 19 2013 7:58 AM EDT2013-05-19 11:58:46 GMT
Once hailed as a hero after surviving a shotgun blast to his face in 2007, a former police officer is now charged with raping and sexually assaulting two women at gunpoint he met at a party.
Once hailed as a hero after surviving a shotgun blast to his face in 2007, a former police officer is now charged with raping and sexually assaulting two women at gunpoint he met at a party.
Sunday, May 19 2013 1:45 AM EDT2013-05-19 05:45:51 GMT
A Powerball jackpot-winning ticket worth an estimated $590.5 million was sold in Florida, but there were also million-dollar winners sold in Pennsylvania and New Jersey, according to the lottery.
A Powerball jackpot-winning ticket worth an estimated $590.5 million was sold in Florida, but there were also million-dollar winners sold in Pennsylvania and New Jersey, according to the lottery's website.
Saturday, May 18 2013 9:28 PM EDT2013-05-19 01:28:06 GMT
Rain moved in Saturday afternoon and the chance for it will stick around through the seven day forecast.
It becomes very unsettled across our area with clounds and showers again Sunday. The best chance for rain is in the morning and afternoon thunderstorms are possible towards our south.
Sunday is cool but we do warm up well into the 80s by Tuesday. With the warm weather comes a better chance for thunderstorms.
Friday, May 17 2013 11:44 PM EDT2013-05-18 03:44:01 GMT
A couple of Good Samaritans helped rescue a 3-year-old boy's lifeless body from an Allentown creek. Their quick thinking and help from police helped bring the boy back to life.
A couple of Good Samaritans helped rescue a 3-year-old boy's lifeless body from an Allentown creek. Their quick thinking and help from police helped bring the boy back to life.
