© 2022 University of Missouri - KBIA
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Joplin reports damage costs being paid on schedule

DSC_0425.JPG
Matt Evans
/
KBIA

A new report says the city of Joplin might not end up with any debt related to the May 22 tornado.

The report from the city finance director estimated that costs to the city, including damage to city property, would be about $24 million. But it appears those costs eventually will be paid by insurance and through reimbursements from the state and federal governments.

The Joplin Globe reports that city finance director Leslie Jones is scheduled to present to report to the City Council on Tuesday. She says the damage estimate could change, but so far it appears the city will be ahead about $130,000 after the reimbursements and insurance pay their costs. Jones also says FEMA paid $94 million for expedited debris removal last summer.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.