Thursday, March 19, 2009

Storm Repair Updates

In late summer 2008, heavy rains deteriorated several roads through the town of Peacham. The most devastating damage occurred on Country Road when a beaver dam collapsed, flooding the road and eventually washing it out completely. Macks's Mountain Road and culverts under Penny Street also experienced considerable damage.

Due to the very high cost of repair, the town was able to secure over $240,000 from FEMA, who covered about 75% of the cost. The remaining money had to be written into the budget, adding more than $200,000 onto the projected budget for 2008. The biggest expense came with the ordering of gravel and crushed stone; instead of the expected $42,000, the town spent over $120,000.

The budget for 2009 is actually lower than the 2008 projected budget. $145, 500 should cover the cost to continue road maintenance, barring no unexpected summer storms.

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