Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ •...
Transcript of Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ •...
![Page 1: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/1.jpg)
So, You say you want to manage stormwater.
Now, let’s chat about how to pay for it.
Presented by: Jennifer Cotting
University of Maryland Environmental Finance Center
Khris Dodson Environmental Finance Center at Syracuse University
![Page 2: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/2.jpg)
![Page 3: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/3.jpg)
About the EFCs (EFCN)
Environmental Finance Center
@ SU
Environmental Finance Center
@ UMD
![Page 4: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/4.jpg)
Presentation Outline
• Intro (both) • Funding Stormwater Management: Khris • The Benefits of Funding Stormwater: Khris • Funding vs. Financing: Jen • Developing a Successful Finance Strategy: Jen • Cost Reducers: both • Revenue Generators: Jen • Market-‐based Approaches: Khris • Takeaways: Jen (both) • Additional Tools and Resources: Khris (both)
![Page 5: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/5.jpg)
Funding Stormwater Management
![Page 6: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/6.jpg)
What’s the cost of not?
![Page 7: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/7.jpg)
![Page 8: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/8.jpg)
Hurricane Irene: $16.6 billion
![Page 11: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/11.jpg)
$50 million in 30 minutes for one city!
![Page 12: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/12.jpg)
Where does the water go?
Parking lot with rain gardens, curb inlets,
trees. YES!
![Page 13: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/13.jpg)
![Page 14: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/14.jpg)
The benefit(s) of a GI approach
The ancillary benefits may outweigh the stormwater benefits!
– Improved streetscapes – Increased capacity, or upgraded infrastructure – Inter-‐departmental ‘co-‐funding’ (combining Parks, DPW, and other funding streams to create a mutually beneficial project)
– Increased property value and/or investment
![Page 15: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/15.jpg)
![Page 16: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/16.jpg)
Better!
![Page 17: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/17.jpg)
James
Street
Erie BoulevardW
arren Street
James
Street
Erie Boulevard
Warren Street
Porous Concrete
Captures over 700,000 gallons of stormwater annually
![Page 18: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/18.jpg)
![Page 19: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/19.jpg)
Village Hall Stormwater RetrofitGreenwood Lake, NY
![Page 20: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/20.jpg)
Village Hall Stormwater RetrofitGreenwood Lake, NY
![Page 21: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/21.jpg)
Village Hall Stormwater RetrofitGreenwood Lake, NY
![Page 22: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/22.jpg)
![Page 23: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/23.jpg)
![Page 24: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/24.jpg)
Not a good source of funding!!!
![Page 25: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/25.jpg)
Environmental Finance Center Syracuse UniversityAlso not recommended...
![Page 26: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/26.jpg)
FUNDING VERSUS FINANCING
![Page 27: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/27.jpg)
Financing: Coming to Terms
• Funding: finite resources
• Financing: managing resources
• Goal: Return on investment
![Page 28: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/28.jpg)
Why does financing matter?• Provides backbone for implementation plan
• Resonates with decision-‐makers
• Lends credibility with funders
• Your plan cannot become a reality with out it!
![Page 29: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/29.jpg)
ELEMENTS OF A SUCCESSFUL FINANCING STRATEGY
![Page 30: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/30.jpg)
Effective Financing Strategies
• Community-‐based
• Integrated
• Mirror the resource
![Page 31: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/31.jpg)
Components of a Financing Strategy
Cost Reducers
Revenue Generators
Market Based Approaches
![Page 32: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/32.jpg)
COST REDUCING STRATEGIES
![Page 33: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/33.jpg)
Cost Reducers• Planning • Effective, enforced policies and regulations • Coordination with other community priorities • Asset management • Collaboration
![Page 34: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/34.jpg)
Environmental Finance Center Syracuse University
Policy Based: Watershed Protection Improvement District
• Allows local boards to establish watershed-‐protection improvement districts to protect residents and watersheds from contamination.
• Municipalities can raise funds to install and maintain stormwater treatment, drainage and infiltration projects, septic system upgrades, alternative septic systems, conservation landscaping, storm water collection devices, and natural shorelines and shoreline buffers.
• These practices are designed to capture, treat, and infiltrate runoff and decrease the amount of pollutants reaching waterbodies.
![Page 35: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/35.jpg)
Environmental Finance Center Syracuse UniversityPolicy Based: New York Public Infrastructure
Policy Act
• Requires state infrastructure funding to be consistent with smart growth principles, with priority given to existing infrastructure and projects which are consistent with local governments' plans for development.
• We’re seeing this in CFA application requirements
![Page 36: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/36.jpg)
Policy Based: Complete Streets Act
Complete Streets work in: Buffalo, Erie County, Alfred, Angelica, Cuba, Gowanda, Hinsdale, Kingston,
Malone, Portville, Salamanca, Savannah, Syracuse, Fort Edward, Lake George and in Rochester.
![Page 37: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/37.jpg)
Asset Management
– Understand and visualize assets – Conduct condition assessment – Prioritize asset investments for maintenance and replacement
– Communicate with decision makers
![Page 38: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/38.jpg)
Green Infrastructure – Reduce implementation costs – Deliver benefits that serve multiple community priorities – Engage the private sector – Spur behavior change through the marketplace – Provide return on investment to local economies
![Page 39: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/39.jpg)
Regionalization– Create efficiencies
– Fill resource and capacity gaps
– Tap into existing resources and capacity
– Become more attractive and competitive to funders
![Page 40: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/40.jpg)
Spectrum of Regionalization
Informal collaboration through peer-‐to-‐peer sharing
Formal regional entity created/adapted to manage stormwater
Collaboration on public education and outreach
MOU developed for defined shared
activitiesInformal sharing between staff of
equipment, tools, and resources
![Page 41: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/41.jpg)
REVENUE GENERATORS
![Page 42: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/42.jpg)
Revenue Generators
• Grant and loan programs
• Bonds
• Sustainable, dedicated funding
![Page 43: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/43.jpg)
Ithaca Stormwater Fee• Assessment began January 1, 2015
• 1 ERU pays $48/yr • Larger properties pay per ERU
• $800 K est. revenue • Credit up to 20% of total fee Impact Examples: $130,000 for Cornell $12,000 from Wegmans, $15,500 from Wal-‐Mart $46,000 approx for City
![Page 44: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/44.jpg)
Chautauqua County Bed Tax
• 3% for economic development in 2004
• Raised to 5% to include water resource management projects in 2008
• 2% capitalizes Lakes & Waterways grant fund
• Public agencies, private organizations, Chautauqua residents
![Page 45: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/45.jpg)
MARKET BASED APPROACHES:PUBLIC PRIVATE PARTNERSHIPS
![Page 46: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/46.jpg)
Public-‐Private Partnerships
Onondaga County Save the Rain Green Improvement Fund (GIF)
Never been advertised!
130 applications since March 2010
83 projects completed; 35 projects under contract or in implementation phase
40+ million gallons to be captured annually from projects
![Page 47: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/47.jpg)
![Page 48: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/48.jpg)
![Page 49: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/49.jpg)
Skiddy Park B-‐ball courts with the Boeheim Foundation Courts 4 Kids program
![Page 50: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/50.jpg)
Connective Corridor
![Page 51: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/51.jpg)
Incentivizing the Private Sector
![Page 52: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/52.jpg)
Incentivizing the Private Sector
• Upper Susquehanna Coalition: berm removal, constructed wetlands, buy-‐backs, streambed restoration…
Image courtesy Alliance for the Bay Flickr
![Page 53: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/53.jpg)
Take-‐Aways• Effective financing strategies tend to be – Community based – Integrated – Mirror the resource
• Green infrastructure approach – Makes sense from a resource management perspective – Makes sense from a financing perspective
• Asset Management and Regionalization – Can create efficiencies and reduce implementation costs – Can occur at multiple depths and scales
![Page 54: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/54.jpg)
Additional Tools and Resources
![Page 55: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/55.jpg)
![Page 56: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/56.jpg)
http://www.nafsma.org/Guidance%20Manual%20Version%202X.pdf
Discusses sources of funding, legal implications, and implementation of funding. Also includes case studies.
![Page 57: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/57.jpg)
http://www.epa.gov/region1/npdes/stormwater
• Property Taxes/General Fund • Special Assessment Districts or
Regional Funding Mechanisms • Service Fees (including
stormwater utilities) • System Development Charges
(SDCs) • SDCs (also known as
connection fees or tie-‐in charges)
• Grants and Low-‐Interest Loans • Types of Stormwater Utilities
![Page 58: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/58.jpg)
![Page 59: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/59.jpg)
savetherain.us
![Page 60: Manage Stormwater Khris and Jen 4-16-15 · Presentation$Outline • Intro$(both)$ • Funding$Stormwater$Management:$Khris$ • The$Benefits$of$Funding$Stormwater:$Khris$ • Funding$vs.$Financing:$Jen$](https://reader036.fdocuments.in/reader036/viewer/2022071017/5fd016062a3fd31d9338d2e8/html5/thumbnails/60.jpg)
Environmental Finance Center Syracuse UniversityQuestions?
Khris Dodson Associate Director Environmental Finance Center Syracuse University 315-‐443-‐8818 [email protected]
Jennifer Cotting Research Associate -‐ Green Infrastructure Environmental Finance Center University of Maryland 301-‐405-‐5495 [email protected]