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I - 2- , planning the distribution of that funding. Some of the funding will go to a nationwide contract, a whereby work would be directed from Washington, D.C. It is still expected that a significant ., portion of the funding will go directly to states and to regional flood control and drainage agencies (such as the Denver metro area's Urban Drainage and Flood Control District). At this point it is impossible to estimate the amount of funding for Colorado other than to say that if the $150 million were equally allocated among the 50 states, Colorado would receive $3 million. It is anticipated that during April 2003 FEMA will finl!lize its funding allocations. There is a strong possibility that there would be !! significant increase in federal funding for floodplain mapping from FY '03 to FY '04. YVith an uncertain budget situation due to international affairs, it is difficult to say whether the President's original plan for substantial funding to continue for 3 to 5 additional years will be supported by Congress, or even by the President. At this point staff is concentrating on :getting ready to take full advantage of the funding Colorado will receive for FY '03 mapping work. Prior to the budget action by Congress, FEMA hosted a national planning session in Atlanta with state and regional officials to determine how FY,'03 and future mapping actions should be implemented and to discuss coordination options i for local/regional/state/federal efforts. 12 states, including Colorado, attended that meeting. i In addition, 9 regional agencies, including Denver's Urban Drainage & Flood Control District, attended the meeting. The states and regional agencies invited by FEMA were invited because they were deemed to be leaders in the area of floodplain mapping and because they had sufficient experience with administering their own floodplain mapping work that they could serve: as models for other states and communities. _ We are confident that FEMA trusts Colorado to perform well in preparing floodplain maps once ., the funding is available. ' Currently FEMA staff in Washington, D.C. and in their regional offices is following up on the Atlanta meeting. They are determining how the $150 million will be allocated, what performance standards will apply.in this first year and what procedures will have to be followed in preparing the FY '03 maps. CWCB staff expects to be hearing from FEMA regarding funding amounts and regarding contracting procedures in APril. State Activities FEMA has stated that it will fund 75% of the co~t of carrying out their Map Modernization Implementation Plan (MMIP). That means that 10Clll and state govemment must provide 25% of the cost. CWCB staff has assumed that half of that state/Iocal share (12.5%) should be provided by the State of Colorado through the CWCB and half pf that share (12.5%) should be provided by participating local governments. Once the Federal funding amount for Colorado has been determined, it will be clear what the state and local sqare will be for FY '03. Given the unknowns, staff has begun the process of contacting local igovernments and determining which local governments are in a position to contribute their share itoward the cost of floodplain mapping. , The Colorado MMIP report identifies mapping upd;lte needs throughout Colorado and estimates their cost. In addition, the report prioritizes the mapping update needs of the 64 counties in Colorado (including the municipalities within each county). Because FEMA plans on maps being prepared countywide, in any given county one set of maps will address both the unincorporated areas of the a county and the municipalities. ., Flood Protection. Water Project Planning and Financing. Stream and Lake Protection Water Supply Protection. <tonservation PlaIUling