Laserfiche WebLink
<br />I <br />I. <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />Ie <br />I <br />II <br /> <br />i <br /> <br />I <br />I <br />I <br />I <br />Ie <br />I <br />I <br /> <br />Agriculture <br />(a) Crop <br />(b) Non-crop <br />(c) Total Flood <br />Plain <br /> <br />4.8% <br />16,0% <br /> <br />6.5% <br /> <br />Secondary damages or secondary economic losses include the adverse <br /> <br />affects to those that rely on output produced by damaged property or are <br /> <br />affected by impaired services. (Breaden, 1973). Secondary losses in- <br /> <br />cluded in the U,S.A.C.E. estimates (1967) included: loss of tourist in- <br /> <br />come, loss of State and Federal tax revenues in income tax. on a reduced <br /> <br />property tax base and casualty loss adjustments; and estimated additional <br /> <br />burdens on the regional economy imposed by the interest payments on dis- <br /> <br />aster loans granted by the Small Business Administration. The secondary <br /> <br />damages amounted to $93,626,000 in 1965 dollars as a result of the June, <br /> <br />1965 flooding in the South Platte River Basin, Colorado and Nebraska, <br /> <br />(U.S.A.C,E., 1967). Normally, secondary damages tend to be offset by <br /> <br />secondary benefits and are not included in damage estimates, (Grigg & Helweg,1975) <br /> <br />Intangible damages include damages to environmental quality, social <br /> <br />well being and aesthethc values, Intangible damages may occur from loss <br /> <br />of life. Also, labor involved in clean-up and the restoration of pre- <br /> <br />flood systems often takes place under conditions that are often unpleasant <br /> <br />and requires effort not reflected in regular wage rates. (Kates, 1965) <br /> <br />While it currently is not possible to assign monetary estimates to intang- <br /> <br />ible damages, they should be considered when evaluating proposed projects <br /> <br />or courses of action. <br /> <br />Uncertainty damages may be calculated as the amount in excess of the <br /> <br />expected value of the damages that individuals are willing to pay to avoid <br /> <br />a flood loss pattern, (Bread en , 1973) <br /> <br />7 <br /> <br />~ <br />