VISD receives $1.4M grant for hurricane recovery
"Any kind of grants that we can receive from the impact from Hurricane Harvey is a good thing for the district," Superintendent
The grant from the
Commissioner of Education
Earlier this year, the TEA provided the
"This is not money we spent but money we are able to bring in and help to cover the costs while we are still waiting for reimbursements from
With the incoming grant, the district will be about 98 percent recovered from Hurricane Harvey. However, district officials said that percentage is ever-changing.
"We are looking at this as the total funds that are coming in to get us back to whole," Shepherd said. "We are going to continue having expenses that are forthcoming as part of the recovery, so that is going to continue to be a moving target, so you may see that (percentage) drop a little bit now as we take on some more recovery efforts."
Kitchen equipment and refrigeration is an example of a recently added expense, he said. Shepherd said this is why the district chose to use percentages rather than dollar amounts when describing their recovery.
The district will not go over its target amount of 100 percent recovery, he said.
"As we get close to fully recovered, that's when we take on more projects," he said.
District officials are currently working through claim disputes with insurance, which is the most pressing concern for the district, Shepherd said.
The district has calculated
The
"It was important because we didn't know this was going to be our outcome ... I think the taxpayers would have seen it as irresponsible had we not assessed that tax increase, especially had these funds not come through in the timely manner that they have," he said. "We would be in an entirely different situation as a district."
___
(c)2018 Victoria Advocate (Victoria, Texas)
Visit Victoria Advocate (Victoria, Texas) at www.victoriaadvocate.com
Distributed by Tribune Content Agency, LLC.



Solvang Car Insurance Agent Reports About the Benefits of Farm Insurance for Small Landowners
Rep. Kind Requests Federal Disaster Declaration to Help Wisconsinites Impacted by Severe Weather and Flooding
Advisor News
- Study finds more households move investable assets across firms
- Could workplace benefits help solve America’s long-term care gap?
- The best way to use a tax refund? Create a holistic plan
- CFP Board appoints K. Dane Snowden as CEO
- TIAA unveils ‘policy roadmap’ to boost retirement readiness
More Advisor NewsAnnuity News
- $80k surrender charge at stake as Navy vet, Ameritas do battle in court
- Sammons Institutional Group® Launches Summit LadderedSM
- Protective Expands Life & Annuity Distribution with Alfa Insurance
- Annuities: A key tool in battling inflation
- Pinnacle Financial Services Launches New Agent Website, Elevating the Digital Experience for Independent Agents Nationwide
More Annuity NewsHealth/Employee Benefits News
- FINEOS and PwC Partner to Drive the Future of Modern Insurance
- Vermont looking to transform health care system as costs rise
- NFIB DELIVERS 2026 GEORGIA MEMBER BALLOT RESULTS TO LAWMAKERS
- RESIDENTS ENCOURAGED TO ENROLL IN GET COVERED NEW JERSEY AHEAD OF JANUARY 31 DEADLINE FOR HEALTH COVERAGE
- Gov. Scott, officials detail health reform measures
More Health/Employee Benefits NewsLife Insurance News