Cost of Yukon River flooding about $70 million

An Alaska emergency management official says the Yukon River flooding last spring is expected to cost state and federal governments about $70 million in response and recovery efforts.

State Department of Homeland Security and Emergency Management director John Madden tells the Fairbanks Daily News-Miner ( that the federal government will pay about 70 percent of that estimated cost.

Madden says the state will pay for the remaining 30 percent.

The spring breakup floods were declared a national disaster after water and ice damaged structures in eight communities.

In Galena, many of the 500 residents were evacuated. Madden says about 40 people remain displaced, with most staying in Fairbanks. Another 20 are staying at a shelter in Galena.

In Circle, about a dozen homes were lost, with most made habitable again.

10/25/2013 - 6:05am