Though not nearly as bad as other Shore towns, Lakewood sure took a beating during Hurricane Sandy. According to numbers TLS obtained from the Township’s Deputy Municipal Manager Steven Reinman, Sandy cleanup in Lakewood cost close to $5,000,000.
Reinman says Lakewood is expected to pay for 10% of the cleanup costs, while the remaining 90% will be paid for by the State – from Federal funds. While the standard formula calls for a 75%/25% split between FEMA and municipalities, in this case Governor Christie expects NJ to reach the trigger point in total sandy-related expenses by mid-April, at which time the formula will automatically move to 90%/10%.
But with Lakewood set to receive several hundred thousand dollars more as reimbursement for Police and DPW overtime and other eligible expenses, the amount the cleanup will actually cost the Township is near zero, Reinman says. TLS.
Lets see the final numbers, whenever that gets released.
Chaveirim saved Lakewood Township probably another few hundred thousand dollars plus many lives by clearing the streets during the eye of the storm.
$5 million to pick up trees and branches!? You’ve got to be kidding me…
pretty funny that they have a number, as they still haven’t finished cleaning up.
what damage did lakewood have?? some trees on rt 88 and georgean ct college? its terrible that we think we were beaten up by sandy so badly, when so many towns are still haunted from sandy.
Clearly, many people have no clue as to the cost of repairs.
#5 you don’t seem to bright.
That’s a joke !
who has the job of distributing these funds
i think that if the township would have gathered the Mexicans together, they would have done the job for way less and would have done a better job at that.
should have hired the tent city residents to do some of the clean up
instead of using the overpaid township employees