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Finance Committee Meeting 2011
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Finance Committee Meeting 2011
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4/9/2015 10:34:49 AM
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3/17/2014 10:27:07 AM
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Board Meetings
Board Meeting Date
9/13/2011
Description
2011 Finance Sub-Committee Meeting
Board Meetings - Doc Type
Meeting
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STATE OF COLORADO <br /> Colorado Water Conservation Board <br /> Department of Natural Resources o '� ,> <br /> ;� e � o <br /> 1580 Logan Street,Suite 600 '� 10 n <br /> Denver,Colorado 80203 °1 <br /> Phone:(303)866-3441 tr� <br /> .-'' <br /> Fax:(303)894-2578 • 1876 <br /> .' - • <br /> • <br /> www.cwcb.state.co.us 9a1 <br /> John W.Hickenlooper <br /> Governor <br /> TO: Colorado Water Conservation Board Members <br /> Mike King <br /> DNR Executive Director <br /> FROM: Thuy Patton, Floodplain Mapping Coordinator <br /> Watershed Protection &Flood Mitigation Section Jennifer i Gimbel <br /> g CWCB Director <br /> DATE: September 2, 2011 <br /> SUBJECT: Non-Reimbursable Investments <br /> Colorado Floodplain Map Modernization <br /> Discussion <br /> In early 2003, Congress approved a substantial funding package to provide updated floodplain <br /> mapping nationwide. Similar funding levels have been allocated by Congress in subsequent <br /> years. The CWCB approved and the General Assembly authorized a non-reimbursable <br /> investment of$500,000 in the 2003 Construction Fund Bill with annual funding amounts in all <br /> subsequent Bills. Staff is now requesting a total of$500,000 for program funding. <br /> Colorado has received over$9 million in federal grant dollars for floodplain mapping activities <br /> since 2003 as part of the floodplain Map Modernization program initiated by FEMA. The FEMA <br /> funds are being matched by CWCB and local cost-share dollars to implement the map update <br /> work that includes engineering and GIS to create new digital countywide maps. The funds <br /> authorized in the 2003 and all subsequent Construction Fund Bills have provided the required <br /> non-federal matching dollars (80/20 cost share program). The State funds are further leveraged <br /> by local cost share dollars and in-kind services from many communities thus far. <br /> The staff of the Watershed Protection and Flood Mitigation Section is requesting approval by <br /> the Board for a non-reimbursable investment from the CWCB Construction Fund in the <br /> amount up to $500,000 to provide matching dollars and related study funds in order to take <br /> advantage of the federal grant funds from FEMA for modernized floodplain maps in <br /> Colorado. <br /> Staff Recommendation <br /> Staff recommends that the Board request that the General assembly authorize up to $500,000 <br /> from the Construction Fund to be appropriated to the Colorado Water Conservation Board <br /> for technical activities related to the Colorado Floodplain Map Modernization Program. <br /> Interstate and Federal•Watershed Protection&Flood Mitigation•Stream&Lake Protection•Finance <br /> Water Information•Water Conservation&Drought Planning•Water Supply Planning <br />
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