Economic Analysis of the Delaware Bay Shoreline Management - - PowerPoint PPT Presentation

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economic analysis of the delaware bay shoreline
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Economic Analysis of the Delaware Bay Shoreline Management - - PowerPoint PPT Presentation

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Economic Analysis of the Delaware Bay Shoreline Management Alternatives April 8, 2011 Approach OVERVIEW -AGENDA DNREC Actions Since Last Workgroup Meeting Coordination with the Delaware Bay Working Group Communications Presenters

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SLIDE 1

Economic Analysis of the Delaware Bay Shoreline Management Alternatives

April 8, 2011

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SLIDE 2

Approach

  • DNREC Actions Since Last Workgroup Meeting
  • Coordination with the Delaware Bay Working Group –

Communications

  • Presenters
  • JMT Presentation
  • JMT Team
  • Study Area
  • Approach
  • Schedule/Status
  • Discussion

OVERVIEW -AGENDA

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SLIDE 3

JMT Team

Contract Management, Data Collection, Shoreline Protection Design, FEMA BCA Jim Eisenhardt, CFM, PWS – Contract Manager Coastal Modeling, FEMA/USACE BCA, Data Support - Surveying Doug Plasencia, PE Economic Analyses (Natural/Water Resources, Tourism, Recreation, Coastal ManagementProperty – Economic Development) Joshua Duke, PhD Ari Michelsen, PhD Robert Johnston, PhD

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SLIDE 4

Study Area/Communities

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Study Area/Communities

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SLIDE 6

Study Area/Communities

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Communications

Key Partners/Affected Parties…

Local Coastal Communities Property Owners State of Delaware

Resource Users Federal Agencies Environmental Advocates Academic & Scientific Community Kent/Sussex Counties Bowers/ Slaughter Kent/Sussex Counties State of Delaware Private Homeowners Federal Government Unincorporated Communities

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SLIDE 8

Approach

  • Developing Strategy with DNREC – Integrated Partner Throughout
  • Determine desired range of outcomes and economic assessments
  • Collect Data in support of selected scenarios and economic

assessments

  • Complete coastal engineering modeling and alternative protection

concept development and model scenarios

  • Complete economic models
  • Develop presentation materials for policy makers, agencies and

public

OVERVIEW

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Approach

Data Collection/Assessment – Strategy Development (PHASE 1) Economic Analyses following FEMA/USACE standard protocols (PHASE 1) Flood Damage Assessment Affected Property Inventories – Surveys (PHASE 1A) Coastal Hazard Modeling – Flood/Surge Elevations (PHASE 1B) Shoreline Adaptation Alternatives Development (PHASE 1C) Storm Damage Reduction Cost Estimates FEMA BCA models (PHASE 1D) Economic Analyses determining regional benefits from proposed actions (PHASE 2) Tourism/Recreation Property Valuation Ecosystem Benefits – Natural Resources Valuation Public Outreach/Education/Expert Testimony (PHASE 3 - throughout) General Public Stakeholder Coordination Delaware Bay Shore Task Force Affected Communities Documentation/Reporting (PHASE 4 – throughout)

General Scope Outline

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SLIDE 10

Approach

Planning Process

Planning Objectives Planning Objective Refinement Evaluation of Management Alternatives Under Multiple Planning Scenarios

Delaware Bay Beaches Working Group… Joint Outreach with Key Stakeholders… Advisory Input Group

Quantification and Distribution of Benefits?

Develop Problem Statement & Forward Vision RECOMMEND MENDATIO TIONS NS Data Collection and Analysis

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SLIDE 11

Approach

Concurrent Regional Efforts - Considerations

  • Sea Level Rise/Inundation Mapping/Projections
  • Living Shorelines
  • Regional Sediment Management
  • TNC/NFWF Priority Restorations Shoreline
  • State/Federal Lands Management
  • Others
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SLIDE 12

Approach

ECONOMIC ANALYSES -

  • Categories of Economic Effects to be Analyzed
  • Structures/Assets Damages
  • Tourism Revenues
  • Recreation
  • Property values
  • Local/Statewide business revenues
  • Population demographics – shifts
  • Natural Resource Capital Valuation

Wetlands, Wildlife, Fisheries, Etc.

  • Others
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Approach

ECONOMIC ANALYSES - INTEGRATED

  • FEMA BCA, Data Support
  • FEMA/USACE BCA, Tax/Real Property, Data

Support

  • Environmental, Natural Resources, Tourism,

Recreation, Property – Economic Development

  • Environmental, Water Resources/Water, Coastal

Management

  • Environmental, Natural Resources, Tourism,

Recreation, Coastal Management

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Approach

  • FEMA / USACE BCA/Risk Assessment – traditional flood

damage reductions

  • Natural Resource Value Capital
  • Tourism / Tax Base – Land Use Projections

Community / Benefactor Identification

ECONOMIC ANALYSES - INTEGRATED

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SLIDE 15

Approach/Status

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Approach

  • Refer to Flow Diagram
  • NTP – March 1, 2011
  • Flood Damage Assessment Inventory complete – April 15
  • Management alternatives/projections selected – May
  • Phase 1 Data collection complete – May
  • Initiate FEMA BCA tasks – May 1
  • Complete FEMA BCA evaluations – August 1
  • Complete GIS/Database Reports/Images – September 1
  • Initiate development of economic models – May 1
  • Complete economic models – November 1
  • Vette results with DNREC – November
  • Present results to Workgroup – December/January, 2012

(February considering holidays)

Schedule: 12 Months

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Questions