Finance Committee Meeting 2012

• Board Meeting Date: 9/26/2012
• Description: Finance Sub-Comittee Meeting September 26, 2012
• Board Meetings - Doc Type: Meeting

STATE OF COLORADO
•
Colorado Water Conservation Board
Department of Natural Resources w � ',G
1313 Sherman Street,Room 721 r i ar £ c 2
Denver,Colorado 80203
Phone:[phone]* ? * c
Fax:[phone]
www.cwcb.state.co.us
TO: Colorado Water Conservation Board Members John Hickenlooper
Govern or
FROM: Thu Patton—Floodplain Mapping Coordinator Mike Exec
y P pp g DNR Executive Director
Watershed Protection and Flood Mitigation Section
Jennifer L.Gimbel
CWCB Director
DATE: September 14, 2012
SUBJECT: Non-Reimbursable Investment Item#3
Water Supply Planning and Finance Section
Colorado Floodplain Map Modernization Program
Introduction and Discussion
In early 2003, Congress approved a substantial funding package to provide updated floodplain
mapping nationwide. Similar funding levels have been allocated by Congress in subsequent
years. The CWCB approved and the General Assembly authorized a non-reimbursable
investment of$500,000 in the 2003 Construction Fund Bill with annual funding amounts in all
subsequent Bills. Staff is now requesting a total of$500,000 for program funding.
Colorado has received over$10 million in federal grant dollars for floodplain mapping activities
since 2003 as part of the floodplain Map Modernization program initiated by FEMA. The FEMA
funds are being matched by CWCB and local cost-share dollars to implement the map update
work that includes engineering and GIS to create new digital countywide maps. The funds
authorized in the 2003 and all subsequent Construction Fund Bills have provided the required
non-federal matching dollars. The State funds are further leveraged by local cost share dollars
and in-kind services from many communities thus far.
Staff Request
The staff of the Watershed Protection and Flood Mitigation Section is requesting approval by
the Board for a non-reimbursable investment from the CWCB Construction Fund in the
amount up to $500,000 to provide matching dollars and related study funds in order to take
advantage of the federal grant funds from FEMA for modernized floodplain maps in
Colorado.
Staff Recommendation
Staff recommends that the Board request the General Assembly to authorize $500,000 from the
Construction Fund to be appropriated to the Department of Natural Resources for allocation to
• the CWCB for technical activities related to the Colorado Floodplain Map Modernization
Program.
Water Supply Protection•Watershed Protection&Flood Mitigation•Stream&Lake Protection•Water Supply Planning&Finance
Water Conservation&Drought Planning•Intrastate Water Management&Development