FEMA Cost Estimates for Recent US Disasters

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FEMA Cost Estimates for Recent US
Disasters Disaster FEMA cost
estimate (millions)
Cost/capita Katrina/Rita (2005)
37,100 8,244 World Trade Center
(2001) 8,140
428 Northridge Earthquake (1994)
9,170 308 Hurricane
Andrew (1992) 2,500
194 Hurricane Iniki (1992)
360 329 Loma
Prieta Earthquake (1989) 1,360
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275,000 Louisiana homes destroyed
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Number of Homes Destroyed by Major Hurricanes
9.8X
Number for Louisiana alone estimated to be over
217,000
275,000
28,000
Destruction is defined as a structure made
uninhabitable or damaged beyond economic
repair. Source National Association of Home
Builders American Red Cross Insurance
Information Institute
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Cameron
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Holly Beach - Before
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Holly Beach - After
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900 Louisiana schools damaged
175,000 school children displaced
12,000 Louisiana teachers displaced
20,000 Louisiana businesses destroyed
30 hospitals shut down 20 remain closed
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Wetlands Impact
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1.3 million people displaced
Increase of 240,000 unemployed
At least 1,800 people killed
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Impact on Higher Education
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Total enrollment statewide 244,608 Total
displaced students 84,058 Displaced
enrollment 34
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19 campuses damaged/closed 15,000 faculty/staff
displaced
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Southern University at New Orleans
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University of New Orleans
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Delgado Community College
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Nunez Community College
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LSU Health Sciences Center New Orleans (Dental
School)
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McNeese State University (Lake Charles)
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SOWELA Community Technical College (Lake
Charles)
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Private Institutions
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Fall Enrollment in Louisiana Public Colleges and
Universities
Enrollment grew 20 between 2001 and 2004
Source BOR SSPS
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Louisiana High School Graduates
Source Post Katrina projection of total number
of Louisiana high school graduates for school
years 2005-2006 TO 2010-2011 Systems Solutions
consulting, September 2005
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Financial Impact (public campuses)

• Estimated direct revenue loss (tuition, fees,
  other)
• LSUHSC-NO 95.5 million
• UNO 34.8 million
• Delgado 16.28 million
• Nunez 2.03 million
• SOWELA 1.0 million
• SUNO 4.5 million
• LTC 0.8 million
• Total gt154 million

Total direct revenue loss gt229 million
State budget cut 75 million
Damage to facilities and infrastructure 500
million
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New SUNO North Campus
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Universities to get involved in rebuilding the
state Opelousas Daily World January 24, 2006
Students welcome fleeing families at LSU Dorm
rooms serve as cramped, comfy shelter Baton Rouge
Advocate August 30, 2005
Colleges, universities continue to enroll
displaced students Shreveport Times September
2, 2005
Katrina victims housed at La. Tech
University Farmerville Gazette September 8, 2005
Evacuees to reside in Techs Carruthers Ruston
Daily Leader September 1, 2005
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Response

• Human toll

• Physical resources

• Business continuity

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Board cuts 5.8 million from University
budget Daily Reveille February 6, 2006
Shreveport area loses four degree programs Monroe
News-Star - January 27, 2006
Board terminates seven programs Daily Iberian -
January 27, 2006
College cost cuts proposed Administrative jobs
main target of plans Baton Rouge Advocate
February 2, 2006
State education official calls for technical
college overhaul Opelousas Daily World February
2, 2006
SUNO cuts degrees in bid to save campus Baton
Rouge Advocate January 6, 2006
Universities slash budget Lafayette Daily
Advertiser November 18, 2005
College repairs await OK Baton Rouge Advocate
October 27, 2005
Agriculture Center seeks declaration for
layoffs Baton Rouge Advocate February 15, 2006
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Enrollment Recovery Affected Public and Private
Institutions Displaced Students
84,058 Spring 2006 enrollment 56,764 Still
not in a LA classroom 28,284
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• 2006-07 Budget Highlights
• 31.7 million - Faculty pay raise
• 18.5 million - Mandated costs
• 21.5 million - Education and general expense
• 12 million - Budget stabilization due to
  enrollment shifts
• 15 million - Construction trades initiative
• 5 million - LCTCS/Learning Center Development
  Pool
• 2.5 million - Dual enrollment program

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The Public Agenda
Building Human Levees