US Army Corps of Engineers pegs 2011 flood damage to levees at $2 billion

Heather Hollingsworth in the Insurance Journal: The U.S. Army Corps of Engineers estimates it will cost more than $2 billion to repair the damage to the nation’s levees, dams and riverbanks caused by this year’s excessive flooding, a sum that dwarfs $150 million it currently has to make such repairs and that doesn’t account for damage from Hurricane Irene or Tropical Storm Lee.

Floodwaters that raged down the nation’s rivers this year have strained dams, eroded riverbanks, filled harbors with silt and ripped football field-sized holes in some earthen levees protecting farmland and small towns. The damage estimate, confirmed to The Associated Press by corps officials, promises to be more significant than with a typical flood in which high water recedes quickly. The estimate does not factor in flood damage caused by Hurricane Irene and Tropical Storm Lee, and the corps does not have an estimate of the damage from those storms yet.

Along some stretches of the Missouri River, levees have been holding back floodwaters since June 1 as the corps lowered water levels from upstream dams that had filled to overflowing with record runoff from rain and winter snows. That water ultimately proved too much for many levees downstream in states such as Iowa and Missouri. Record high water levels also created havoc along the lower Mississippi from Missouri to Louisiana.

“I’m really nervous about it,” Tom Waters, chairman of the Missouri Levee and Drainage District Association, said of the limited resources. “I think the corps is real nervous about it, too.”

The Senate is considering a $7 billion emergency disaster relief bill, but only $1.3 billion of that would go to the corps. A competing House bill would allocate $3.7 billion to overall disaster aid, $226 million of it to the corps, although Congress could provide more money in future legislation.

Iowa Sen. Tom Harkin said he is working with senators in neighboring states to urge support for the emergency relief. “I have seen firsthand some of the devastation along these rivers and local communities need financial assistance to recover,” Harkin said...

Flooding and levee breach at the confluence of the Nishnabottna and Missouri Rivers on June 16, 2011 during the 2011 Missouri River floods, from the US Army Corps of Engineers