Coast city wants $11.8M for oil spill, BP offers $76,000
Published: November 30,2011
GULFPORT — Gulfport leaders are seeking $11.8 million from BP for oil-catastrophe losses, but the company has so far offered only $76,000. That’s according to consultants the city hired.
The Sun Herald reports the city has agreed to pay the consultants from Dutko Grayling up to $80,000 for handling the city’s claim. Annette P. Herrin, an accountant certified in business valuation and financial forensics, estimated Gulfport lost $4.2 million in sales taxes and $1.5 million in property taxes durinig the 2010 tourist season.
BP spokesman Ray Melick told the newspaper BP is using straightforward methodology to determine government losses. He said Gulf cities and counties are being reimbursed based on guidelines in the federal Oil Pollution Act.
Eleven workers were killed on April 20, 2010 when the Deepwater Horizon rig exploded.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Brandon man hauls in record 756-pound alligator
- Officials set hunting dates for birds; expands dove season by 20 days
- McDaniel delays decision on whether to appeal dismissal of lawsuit
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- More than a dozen school districts sue state over funding
- Is cotton looking too good? Farmers facing weaker prices
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Woman found guilty of murder in buttocks injection case
- Bryant issues executive order to establish Delta water task force