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Initial estimates indicate $385 million in damages from Los Angeles fires, with costs expected to increase – Daily News


The early days of the multiple wildfires in Los Angeles have resulted in estimated damages and emergency response costs of $385 million, with the figure expected to rise. City Administrative Officer Matt Szabo mentioned that infrastructure and city properties were heavily affected, and the city is likely to receive partial reimbursement from Federal Emergency Management Agency. Major damages include those to the Department of Water and Power, LA Public Library, LA Sanitation, street lighting, and Department of Recreation and Parks.

The city will absorb 100% of the costs upfront but expects to recoup 75% through FEMA reimbursement and the remaining 25% from the state. The city is working on refining damage assessments, applying for disaster relief, and planning for future meetings with FEMA officials.

As Los Angeles deals with financial challenges, Councilman John Lee emphasized the need to focus on core services to manage the existing budget deficit. Councilwoman Traci Park urged the allocation of adequate staffing and resources for areas affected by the wildfires. The city continues its efforts to recover and rebuild following the devastating fires.

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