To date, Fort Bend ISD officials estimate a total loss of $14.1 million as a result of Hurricane Harvey.

The Federal Emergency Management Agency has seven categories for common eligible work in response to disasters like Harvey. FBISD qualified for about $2.6 million in FEMA recovery across four of these categories, FBISD Chief Financial Officer Steven Bassett said.

These losses stem from opening Kempner and Marshall high schools as shelters, using the berm at Mercer Stadium as a water control facility, repair work for 194 building and equipment projects and repair work for district playgrounds, Bassett said.

"The way we expect to recover these is, in this order, [with] insurance and then FEMA and then the state and then us," Bassett said. "Our risk management team and our project management team has been very active with this."

The district has received $5.1 million to date from insurance and is still expecting approximately $6.4 million, Bassett said. About $258,184 is expected to come from the Texas Education Agency, and the district will be responsible for making up any losses after insurance, FEMA and TEA funds are allotted, Bassett said.

Aside from property use and damage that created a loss for the district, Property reappraisals from Hurricane Harvey will result in approximately $97.7 million in lost property value, according to FBISD Director of Budget Bryan Guinn.

This will result in an overall loss of approximately $1 million to the district's general fund, Guinn said. This amount is calculated from dividing the lost property value by 100 and multiplying by the tax rate of $1.06, he said.

"One of the things that the [Fort Bend Central Appraisal District] chief appraiser mentioned is that he does expect that future new growth is going to be impacted by this. Essentially, right now, all of the work that is being done around construction is based on reconstructing what was damaged, so they have seen a slowdown in new construction values."

Projections from a late February estimate indicate approximately $36.8 billion in certified property values, which is an increase of 2.9 percent from 2017 certified values, Guinn said.

"At this point, it is a much more conservative number than what we saw last year, and what we don't expect is that that number will change much," Guinn said.

The district will receive an official preliminary property value estimate later in April. However, it is expected that the new estimate will be close the the current estimate, Guinn said.