State Comptroller Has Processed $265 Million in Hurricane Sandy-Related Recovery

The State Comptroller’s Office processed nearly $265 million in contracts and spending in November and December 2012 related to Hurricane Sandy recovery.

It has posted the details online so the public can access it, state comptroller Thomas DiNapoli reported Wednesday.

DiNapoli noted that $265 million is a small portion of the total recovery cost. At present, executive agencies track spending on worksheets using FEMA classifications such as debris removal, roads and bridges, and buildings and equipment.

Overall spending is expected to be in the billions of dollars and will eventually be logged into the statewide financial system, New York’s financial management system overseen by the Comptroller’s Office and the State Division of the Budget.