http://www.mvn.usace.army.mil/pao/response/HURPROJ.asp?prj=lkpon1FY 2006 BUDGET/EFFORT. The President’s budget for fiscal year 2005 is $3.0 million.
This will be insufficient to fund new construction contracts. We could spend $20 million if the funds were provided. These funds are necessary to maintain the project schedule and to meet our contractual and local sponsor commitments.
IMPACTS OF BUDGET SHORTFALL. In Orleans Parish,
two major pump stations are threatened by hurricane storm surges. Major contracts need to be awarded to provide fronting protection for them. Also, several levees have settled and need to be raised to provide the design protection.
The current funding shortfalls in fiscal year 2005 and fiscal year 2006 will prevent the Corps from addressing these pressing needs.