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The District’s annual expenditure budget exists in two funds: an operating budget, and a Capital Improvement Program (CIP) budget. The operating budget is generally fixed by an annual operating target; revenue in excess of the operating target is typically available for the CIP. The CIP budget is set to ensure the District’s overall annual expenditure budget remains structurally balanced or results in a satisfactory ending fund balance. Long-range financial planning aims to maintain a relatively constant CIP irrespective of economy-driven fluctuations in the flood control secondary tax levy, which provides primary District funding.
CIP management requires the tracking of schedule and funding for all District capital projects. Project schedule and funding are subject to change as a result of changes in project cost, partner agencies’ funding availability, public support and priority with respect to competing projects.
All projects in the District’s CIP have been identified by the District’s planning process, operations staff, or project partners, and are evaluated through an annual prioritization procedure prior to their initial inclusion in the CIP. The prioritization procedure evaluates projects under nine criteria:
- Agency priority;
- Flood control/drainage master plan element;
- Flooding threat;
- Level of storm protection;
- Area protected;
- Ancillary benefits;
- Total project cost;
- Level of partner participation; and
- Operation and maintenance costs to the District.
The District attempts to support and recommend flood control projects that, whenever possible, will provide a regional flood control benefit, and that will also contribute to community development, maintain the benefits of existing watercourses, help protect natural habitat and landscapes, and provide multiple-use opportunities for flood control facilities.
Prioritized CIP projects are “approved“ through a Board of Directors Resolution, when appropriate, and approved projects are implemented subject to the successful negotiation of Intergovernmental Agreements (IGAs) with project partners.
The updated status of current and previous District CIP projects is available at the Projects & Structures page.
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