Texas “Ike Dike” coastal barrier project could cost $57 billion with inflation, Army Corps says

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Texas “Ike Dike” coastal barrier project could cost $57 billion with inflation, Army Corps says
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The latest figure is 68% higher than an earlier estimate of $34 billion, and it’s unclear when — or whether — Congress will appropriate the money to build it.

Melissa Samet, the National Wildlife Federation’s legal director for Water Resources and Coasts who has observed many Corps engineering projects, said it’s almost certain the total cost of the coastal barrier will increase again once engineers begin to complete more in-depth and technical design plans; right now, the plans are largely conceptual.The project doesn’t need all the money upfront, said Lt. Col. Ian O’Sullivan, deputy commander for mega projects for the Corps’ Galveston district.

“It is imperative for us to continue to push for funding, allowing us to accelerate the delivery of the project and ultimately reduce the final amount,” Sunstrum said. “This is a huge burden for the five counties that will be asked to vote on increases in property taxes,” said Goshen, who has criticized the project due to potential ecosystem disruptions. “I do believe that we’ll start to see political support for this start to wane.”If voters don’t approve all of the local cost share, the project may have to go to the Legislature for funds.

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