Posted: Oct 9, 2013 7:29 AM
Updated: Oct 9, 2013 7:29 AM
Source: Associated Press
BATON ROUGE - The state Department of Natural Resources borrowed $8 million from the state treasury to meet the day-to-day expenses of Bayou Corne.
Now, that money is almost gone.
DNR's biggest expense is paying CB&I to help with the science behind a 25-acre sinkhole in Assumption Parish.
The agency is also spending money on supplies, travel and personnel. DNR's expenditures on Sept. 18, roughly two months after Commissioner of Administration Kristy Nichols signed the request for a seed of federal funds, already clocked in at $7.4 million.
The Jindal administration banks on recouping the money through litigation against Texas Brine Co. To date, the state's sinkhole-related expenses are approaching $10 million.