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Page 2 BBC Welcomes New Staff Katherine Kugel, a new BBC Research Associate, previ- ously worked for the Kansas City Department of Housing and Community Development, while earning her Masters of Urban Planning from the Uni- versity of Kansas. Her concen- tration was in Housing and Community Development and she enjoyed classes in quantita- tive methods, housing policy, and real estate development. Katherine also served as a Peace Corps Volunteer in Jordan (1997 -99). She speaks informal Arabic and has traveled exten- sively throughout the Middle East, Southern Asia, and South- east Asia. Nicole Waggoner joined BBC as a Project Assistant in late 2002. She brings a variety of skills to the firm from her previ- ous experience as an Assistant Editor at a mortgage magazine in San Diego and her recent experience in the title insurance business in Denver. She earned her B.A. in Mass Communica- tions from Fort Lewis College in Durango, Colorado. Gambling (continued from page 1) ing their bets can develop bet- ter strategies to manage uncer- tainty surrounding water supplies and demand. BBC is helping the San Antonio Water System (SAWS) — which faces enormous regulatory, growth and weather uncertainties — better understand their risk of water shortage. BBC developed a risk assess- ment tool for SAWS that mea- sures each component of the uncertainties surrounding water supply and demand, and how they are interrelated. Using the Monte Carlo method of uncer- tainty analysis (aptly named after the gambling city in Monaco) BBC's model projects the month -by -month probabil- ity of water shortages over the next ten years. This tool also allows us to develop operational plans and strategies for acquir- ing additional resources that manage the risk of shortages at the lowest cost. Dave Keen and DougJeav- ons, BBC Managing Direc- tors, have been helping the San Antonio Water System respond to its new water plan- ning challenges since 1998. Todd Pickton, a BBC Associ- ate, will be presenting a paper on risk assessment at the American Water Works Associ- ation's 2003 conference in Los Angeles. BBC VIEWPOINT • January 2003 • BBC Redeareh & Condulting January 2003 Dear Friends, RESEARCH & CONSULTING We're pleased to once again bring you a brief summary of BBC's activities over the past year, and to say thank you to our staff and clients for a great 2002. As usual, it was a real challenge to decide which projects to write about in this year's Viewpoint. With over a hundred successfully - completed assignments in 2002, there was much posturing and lobbying within the firm when it came time to select the most interesting, challenging and rewarding projects to include in this issue. We wish we could tell you about the economic impact analysis we completed of the Montrose Regional Airport. Or the special needs housing study for the State of Nevada. Or the ... well, you get the idea. In addition to terrific research and consulting assignments, 2002 also brought some staffing and ownership changes within BBC. First, we are pleased to announce that Jim Carpenter accepted our offer to join the Director ranks. During his tenure as a BBC Associate, Jim has contributed significantly to our public finance, housing and resort economics practices and we're looking forward to watching his career continue to develop as a partner. Kathy Kugel and Nicole Waggoner joined our staff in 2002. And we also welcomed two new baby BBCers: Owen Hunt Wohlers and Gwenyth Taylor Aggeler arrived late in the year. We'll be putting them to work shortly. Finally, it is with a mixture of sadness and disbelief that we bid adieu to Ed Harvey, who has been with the firm since 1973. After barely surviving his 25th anniversary party at BBC, Ed decided not to chance a 30th. We will miss his laugh, his sense of fashion style and his substantial intellectual contribution to the firm. From everyone at BBC, buena suerte in your new endeavors, Ed. Enjoy this year's Viewpoint, and we hope to see you in 2003. 4<1�11. Sincerely, C� w� Heidi Aggeler Jim Carpenter Ford Frick Jen Garner Doug Jeavons Dave Keen Tom Pippin Changing Driving Behavior In the five years we have been working on traffic safety issues — researching, creating and evaluating social marketing programs to change driving behavior — we knew we were potentially saving lives. BBC's most recent study for the Colorado Department of Trans- portation shows just how many could be saved by changing driving behavior. If: • Everyone always used a seat belt, • No one drove impaired, • Young drivers were as safe as other drivers, and • No one hit pedestrians and bicyclists ... nearly two - thirds of the lives lost on Col- orado roads could be saved. In 2001 alone, 457 people killed in traffic crashes would still be alive today. Dave Keen andJennifer Garner head BBC's transportation practice. In 2002, BBC's traffic safety work also included an evaluation of Minnesota's Safe & Sober pro- gram. Joni Toenjes Potential Lives Saved in Colorado in 2001 W� O M +-+ T_n ✓ O O R w H _ff C N __ s' lu 030 s Z Z Z � Z T