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Wednesday, May 13, 2015

Early estimate of Baltimore riot damage: $9 million

BALTIMORE (AP) — The government’s first estimate of damage from rioting last month in Baltimore puts the cost at $9 million.

U.S. Sen. Barbara Mikulski’s office said Tuesday the preliminary estimate comes from a Small Business Administration survey of 284 businesses and two homes damaged during riots following the death of Freddie Gray.

Mikulski’s office says the agency found that 30 businesses and one home sustained major damage. Another 254 businesses and one home sustained minor damage.

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9 comments:

  1. Remove it from the farm bill, SNAP section. Problem solved.

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  2. Let the rioters rebuild it in their new Nikes. Funny no work boots were reported stolen. One looter was over heard saying "this looting is hard work"

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  3. Good grief. Let them rebuild what they destroyed. AND DONT send them my tax dollars.

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  4. get ready for round two....that number is going to skyrocket when there are at least 5 acquittals.

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  5. 9 million, tip of the iceburg. There will be millions of state and federal money poured in to placate the thugs. Meanwhile people will avoid Baltimore, further adding to income lost.

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  6. Take it from welfare.

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  7. In reality it was probably half that, they are padding the numbers for a big payday.

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  8. Concerned RetireeMay 13, 2015 at 3:05 PM

    Let the gangs, new black panthers and the nation of islam rebuild it.
    NO TAX DOLLARS, we see what our tax dollars have done, "line the pockets" of liberals.

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  9. No, it's probably a lot more than 9 million $. 5 nights; lost revenues, hotels, games, downtown businesses; the physical damage may be that amount but the collateral loss is astronomical. Also check with the Baltimore City convention center; they are working a long list of cancellations now for the upcoming summer/fall Season. That trickles over into the hotels, retail, food business exponentially.

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