It's estimated the recent flooding and storms will cost the Manx government in the region of £300,000.
That initial assessment does not include potential cost to local authorities, the business community and private householders.
Chief Minister Allan Bell says talks will continue between central and local government officials.
Meningitis B vaccination scheme to be rolled out on-Island
Programme is for eligible Year 13 students and under-25s
Balthane Roundabout plans on hold until 2027/28 as costs rise
Price tag has jumped up by £600,000 since scheme was first approved
Port St Mary lifeboat launched to rescue stricken fishing vessel
RNLI crew tows vessel back into harbour
Enquiries ongoing after 'shotgun-like sound' heard near Police Headquarters
Police say there's no indication of any wider risk to the public
