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<br />, <br /> <br />before the decisionmaker to increase the amount of information available. <br /> <br /> <br />In order to present a complete or comprehensive benefit-cost methodology, <br /> <br /> <br />all types of costs and benefits as well as incidence analyses should <br /> <br /> <br />be presented. <br /> <br /> <br />The state-of-the-art of quantifying intangible benefits is not <br /> <br /> <br />advanced to the point yet where these benefits can be consistently <br /> <br /> <br />quantified for UDFC projects. <br /> <br /> <br />The important questions of finance, politics and the legal aspects <br /> <br /> <br />of implementation must not be neglected. Although this report does <br /> <br /> <br />not address specifically techniques for funding UDFC projects, this is <br /> <br /> <br />recognized as a problem area closely associated with Benefit-Cost Analy- <br /> <br /> <br />sis, The report describes the traditional methods of financing UDFC <br /> <br /> <br />projects and comments on the usability of BCA to assist in the financing <br /> <br /> <br />process. Concerning legal aspects of implementation, there are a number <br /> <br /> <br />of problems associated with defining and identifying benefits so that <br /> <br /> <br />assessments can be made for financing projects, This problem has not <br /> <br /> <br />been solved but the report identifies the state-of-the-art of establishing <br /> <br /> <br />benefits so that additional investigation can be conducted. <br /> <br /> <br />All public programs such as public safety, water supply, library <br /> <br /> <br />services, urban drainage and flood control and others should be sub- <br /> <br /> <br />jected to the type of analysis presented here to identify precisely the <br /> <br /> <br />benefits from expenditures of public funds and the recipients of the <br /> <br /> <br />benefits. Only when this type of information is displayed for the <br /> <br /> <br />decisionmakers can the political process 9f public participation insure <br /> <br /> <br />the most acceptable allocation of public dollars. By advancing the <br /> <br /> <br />state-of-the-art of Benefit-Cost Analysis for UDFC projects, we also <br /> <br /> <br />are advancing toward unveiling benefits from other public programs. <br /> <br />. <br /> <br />~ <br /> <br />5 <br />