So, You say you want to manage stormwater. Now, lets chat about how - - PowerPoint PPT Presentation

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So, You say you want to manage stormwater. Now, lets chat about how - - PowerPoint PPT Presentation

Sep 19, 2022 252 likes •784 views

So, You say you want to manage stormwater. Now, lets 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 When

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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

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When you direct water to a ditch Remember it doesn’t just stay in the ditch

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What’s the cost of not?

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Hurricane Irene: $16.6 billion

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Binghamton: 2011 flood

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CONKLIN AVE – 2011 FLOOD

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$50 million in 30 minutes for one city!

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What the heck is Green Infrastructure?

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Re-forestation/ Re-vegetation

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Vegetated Swales

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Rain Gardens

Rain Barrels

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Tree Trench

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Green Roofs

Walters Hall, SUNY ESF

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Jamesville Correctional Facility

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Cistern

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Porous/Permeable Pavement Materials

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Porous Pavements

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Strip of porous concrete down the middle of an asphalt lot in Syracuse

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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

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Better!

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Village Hall Stormwater Retrofit

Greenwood Lake, NY

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Village Hall Stormwater Retrofit

Greenwood Lake, NY

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Village Hall Stormwater Retrofit

Greenwood Lake, NY

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Um I thought we were talking about ‘how to pay’!?

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Not a good source of funding!!!

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Also not recommended...

Environmental Finance Center Syracuse University

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Financing Strategies

  • Funding vs Financing
  • Provides backbone for

implementation plan

  • Resonates with decision-

makers

  • Lends credibility with funders
  • Your plan cannot become a

reality with out it!

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Effective Financing Strategies

  • Community-based
  • Integrated
  • Mirror the resource
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Components of a Financing Strategy

Cost Reducers Revenue Generators Market Based Approaches

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Cost Reducers

  • Planning
  • Effective, enforced policies and regulations
  • Coordination with other community priorities
  • Asset management
  • Collaboration
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Revenue Generators

  • Grant and loans
  • Bonds
  • Sustainable, dedicated

funding

Ithaca Stormwater Fee Chautauqua County Bed Tax

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Incentivizing the Private Sector

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Incentivizing the Private Sector

  • Upper Susquehanna Coalition: berm removal,

constructed wetlands, buy-backs, streambed restoration…

Image courtesy Alliance for the Bay Flickr

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Public-Private Partnerships

Onondaga County Save the Rain Green Improvement Fund (GIF)

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

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Skiddy Park B-ball courts with the Boeheim Foundation Courts 4 Kids program

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Connective Corridor

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Policy-based Tools

  • New York Public Infrastructure Policy Act
  • Watershed Protection Improvement District
  • Complete Streets Act
  • What is your role and what can you do?

Environmental Finance Center

Syracuse University

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Stormwater Management Plan

  • 1. Inventory ditches, culverts, bridges,

drainage, pipes and outlets

  • 2. What condition (probability) are they

in?

  • 3. How critical (impact) are they?
  • 4. Rank & Prioritize
  • 5. Capital Improvement Plan
  • 6. Asset Advisory Committee
  • 7. Educate-Educate-Educate
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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

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Call us, we can connect you with additional resources.

Khris Dodson Associate Director Environmental Finance Center Syracuse University 315-443-8818, kadodson@syr.edu Jennifer Cotting Research Associate - Green Infrastructure Environmental Finance Center University of Maryland 301-405-5495 , jcotting@umd.edu