The damage bill from Queensland's natural disasters is expected to top $6.8 billion - $1 billion more than expected.
Treasurer Andrew Fraser announced the revised figure on Sunday, of which the state will be liable for $1.8 billion under shared funding arrangements with the federal government.
"As well as the tragic human cost, there has also been enormous damage to infrastructure and significant costs incurred in managing the response and recovery process," Mr Fraser said in a statement.
He said the increase was largely due to new estimates from councils that predict they'll need more than $2.7 billion for repairs - $900 million more than initially forecast.
"Such a big damage bill underlines the enormity of the task ahead," the treasurer said, adding that it would put strain on the upcoming budget.
The state government will fund its share of costs through the $1.83 billion lease of the Abbot Point Coal Terminal, which was part of the controversial asset sales program.
- AAP
Queensland flood bill to top $6.8b
North Queensland was hit by Cyclone Yasi, causing wide spread damage. Photo / Brett Phibbs
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