[gpm]

> unspent funds remain available for future projects

Not according to the article?

> Its collapse means that the state could lose out on more than $1.5 billion in unspent funds and may even have to repay the $618 million it already used to begin building.

[rascul]

From the article:

> The Louisiana Trustee Implementation Group, a mix of federal agencies overseeing the settlement funds, said that “unused project funds will be available for future Deepwater Horizon restoration activities” but would require review and approval.

[nialse]

Likely it’s both. The cost of the cancelled project will not be reimbursed AND the money will be available for other activities at a later stage.