Laserfiche WebLink
Eugene -Springfield Area Natural Hazards Mitigation Plan <br />6. Appendices <br />Economic: Community economic development staff, civil engineers, building <br />department staff, and the assessor's office can help answer these questions. <br />• What are the costs and benefits of this action? <br />• Do the benefits exceed the costs? <br />• Are initial, maintenance, and administrative costs taken into account? <br />• Has funding been secured for the proposed action? If not, what are the potential <br />funding sources (public, non-profit, and private?) <br />• How will this action affect the fiscal capability of the community? <br />• What burden will this action place on the tax base or local economy? <br />• What are the budget and revenue effects of this activity? <br />• Does the action contribute to other community goals, such as capital <br />improvements or economic development? <br />• What benefits will the action provide? (This can include dollar amount of <br />damages prevented, number of homes protected, credit under the CRS, potential <br />for funding under the HMGP or the FMA program, etc.) <br />Environmental: Watershed councils, environmental groups, land use planners and <br />natural resource managers can help answer these questions. <br />• How will the action impact the environment? <br />• Will the action need environmental regulatory approvals? <br />• Will it meet local and state regulatory requirements? <br />• Are endangered or threatened species likely to be affected? <br />The STAPLE/E approach is helpful for doing a quick analysis of mitigation projects. <br />Most projects that seek federal funding and others often require more detailed <br />benefit/cost analyses. <br />When to use the Various Approaches <br />It is important to realize that various funding sources require different types of <br />economic analyses. The following figure (Figure G-1) serves as a guideline for when <br />to use the various approaches. <br />6-123 January 2020 <br />