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CWCB Water Project Non-Reimbursable Investment Program Project Data Sheet • Sponsor: Colorado Water Conservation Board Location: Statewide Project Name: Colorado Flood and Drought Project Type: Program Funds for flood and Response Fund drought mitigation and response activities Drainage Basin: All River Basins in Colorado Water Source: N/A Total Project Cost: $500,000 Funding Source: Construction Fund CWCB NRI: $500,000 (refresh up to) Type of Grantee: State Government A $150,000 Flood Response Program was authorized in the 2001 Construction Fund Bill (SB 01- 157) and enacted by the Colorado General Assembly. This amount was increased in the 2007 Construction Fund Bill (SB 07-122)to $300,000 to reflect the additional cost of performing existing program functions and the addition of valuable services under the program. This amount is proposed to increase to $500,000 in FY14. This increased amount reflects activities associated with Drought Response (the amount was not previously increased when the Fund annexed drought responsibilities) and to address the increasing threat of wildfires and post- wildfire activities. The Flood Response Fund (Fund) was originally created to give the CWCB an ability to quickly respond to events and have program funds in the areas of: 1) flood documentation, 2) flood forecasting and outlooks, 3) post-event floodplain mapping, 4) aerial • photography, and 5) flood mitigation. The FY 2012/13 request included an expanded scope involving drought response activities, and this year's request also includes this expanded scope. The current request is to refresh the account up to $500,000 for FY 2014/15 for flood and drought response purposes, including post-wildfire activities. Use of this fund to address both flood and drought increases the efficiency and effectiveness of the CWCB to adequately respond to natural hazards affecting Colorado while also recognizing the current fiscal constraints by utilizing existing resources. Staff clearly recognizes that there will be years in the future when both flood conditions and drought conditions exist during the same water year and/or during the same fiscal year. In those situations, the Fund could be stressed by needs from the two extreme conditions, and Staff will prioritize expenditures. 411)