Fema Budget Breakdown 2024. In late august 2023, the agency projected its disaster relief fund would reach a $4 billion deficit —and that was before hurricane idalia, a category. House appropriations committee released its fiscal year (fy) 2023 “homeland security funding bill,” which includes a proposal for fema’s fy23 budget.

House appropriations committee released its fiscal year (fy) 2023 “homeland security funding bill,” which includes a proposal for fema’s fy23 budget. In july 2024, fema announced 56 projects from the national competition totaling $674.5 million.