HOUSTON Wholesale Washington Wizards Shirts , Sept. 26 (Xinhua) -- Houston Mayor Sylvester Turner has asked Texas Governor Greg Abbott to have state government use part of the Texas Economic Stabilization Fund (ESF) to aid Houston's flood recovery, the mayor's office said Tuesday.
Using part of the fund which is more than 10 billion U.S. dollars "is appropriate for (the) response to a natural disaster such as Harvey that wreaked significant damage and caused local governments to incur unanticipated costs far beyond their budgets," the mayor said.
Turner added that without aid from the state fund, the city will be forced to increase its property tax rate on a temporary, emergency basis for 12 months to help pay its recovery bills.
The mayor is seeking City Council approval for an increase that would cost the owner of an average Houston dwelling 4.03 dollars per month for a year.
He said use of the fund is also appropriate to help fix the damage from the 27 trillion gallons of rain that fell on Texas from Hurricane Harvey.
Texans approved a constitutional amendment creating the ESF in 1988. Texas has the nation's largest ESF. Commonly called a "rainy day fund Wholesale Utah Jazz Shirts ," it is a reserved amount of money to be used in times when regular income is disrupted or decreased in order for typical operations to continue.
Category four Hurricane Harvey blew ashore on Aug. 25 as the most powerful hurricane to hit Texas in more than 50 years. The 500-year flood brought by Harvey killed dozens of people, displacing hundreds of thousands and damaging some 200,000 houses in a path of destruction that stretches for more than 480 km. The Houston area was hit by severe flooding, after receiving heavy rain.
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