In large part to Hurricane Michael, a projected Florida budget surplus for 2019-2020 is likely going to be reduced or disappear completely. Officials say that storm impacted a part of the state that was already facing economic problems before it hit. Generally speaking, the storm impacted rural areas that had higher rates of poverty. This is in contrast to Hurricane Irma, which hit parts of the state that officials say were likely better able to handle a large recovery effort.

Furthermore, it is unlikely that the state will see a boost in sales tax revenue during the recovery effort. This is because homes in the regions hardest hit didn't have mortgages, and this meant that they generally didn't have insurance. Therefore, storm victims may not have the resources to buy appliances or other big-ticket items. Conversely, the state said that it collected $354 million in additional sales taxes after Irma struck.

Slower economic growth is also cited as a reason why the state may need to cut back on its spending in future years. A stronger dollar could result in fewer tourists visiting the state, and the construction industry has been slow to come back after the recession. While the state does expect to receive money from the federal government to help with storm costs, it could take some time to get it.

Homeowners who experience damage in a hurricane or other storm may be entitled to reimbursement from their insurance providers. Filing a hurricane wind damage claim is generally the first step in the process. If a claim is denied or not processed in a timely manner, an individual may hire an attorney. Legal counsel could take steps to get a claim resolved in a favorable manner.

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