The Miami Conservancy District has contracted with Stantec Consulting Services Inc. to conduct an expedited review and evaluation of the Miami Conservancy District’s flood protection benefit assessment methods. This study represents the initial phase of a broader effort to update the Miami Conservancy District’s flood protection benefit appraisal methodology. Stantec is a nationally recognized firm specializing in assessments and best practices for conservancy districts.
The study aims to improve the current flood protection benefit assessment methodology used by the Miami Conservancy District. The scope of work includes evaluating current procedure, exploring additional direct and indirect benefits to the broader community, benchmarking against similar agencies, and assessing alternative funding strategies.
To cover the costs of necessary, ongoing maintenance and periodic rehabilitation of the dams, levees, storage basins, and related parts of the flood protection system, the Miami Conservancy District has relied on an approach that calculated a benefit value to each property identified to be protected from high water based on the footprint of the Great Flood of 1913. That benefit value was used to determine a flood protection assessment for each protected property.
This study will identify and quantify the significant indirect benefits provided by the Miami Conservancy District ’s flood control measures, such as access to vital services and infrastructure inside and outside the 1913 flood inundation area.
The multi-year process will also engage stakeholders from across the area to ensure all perspectives and impacts are considered.
Stantec, alongside Miami Conservancy District and the Board of Appraisers, will recommend next steps toward an updated funding approach in a final report expected to be complete by the end of the year. Additional phases over several years will include additional technical analysis, stakeholder involvement, and legal and administrative procedures.
Project Scope
Task 1 - Evaluate current benefit methodology
Task 2 - Evaluate benefits to the broader community
Task 3 - Benchmarking analysis
Task 4 - Evaulation of alternate methodology & funding strategies
Updates will be posted to this page.
View slides from a September 2024 meeting of the Board of Appraisers
