shortfall News

HOUSTON (AP) — Flood control projects approved by Houston area voters in 2018 in response to Hurricane Harvey are facing a $1.4 billion shortfall that could delay their completion, officials have announced. The projects in need of the most funding …

Florida’s hurricane fund is confronting a potential $3.2 billion shortfall, financial experts said Tuesday in a new estimate of the money available to the pool intended to help insurers make disaster payments. The fund was created after Hurricane Andrew devastated …