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Presentation - Navigation Maintenance and Dredging

Presentation - Navigation Maintenance and Dredging

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Published by: asoundidea on Mar 01, 2011
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08/26/2012

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1
Waterway Management:Navigation Maintenance and Dredging
Waterways Steering CommitteeFebruary 15, 2011
Why do we dredge?
What it does do…
Improve andmaintain navigation
Improve drainage
o
What it doesn’t do..
o
Reduce flooding(flood surge levelsdoesn’t change)
Slide 2
February 15, 2011 Dredging and Navigation
 
2
Nature of Dredging Costs
Federal funds maintainfederally designatedchannels (e.g HamptonWaterfront)Essential formaintenance of existingnavigation channelsDiscretionary for newnon-federal projectsNew projects create“maintenance tail”
Slide 3
Currently funded fromCity’s Capital BudgetCosts are borne by allcitizens, benefits limitedto a smaller group
.
February 15, 2010 Dredging and Navigation
Benefits and Costs
BenefitsEnhanced navi ation & recreationMaintenance of waterfrontresidential tax baseEnhanced economic activityCosts2010/2011 estimated cost ofdredging: $1.48M. Anticipate
Slide 4
 next 10 years.Environmental impactsOpportunity costs for otherprojects not funded
February 15, 2011 Dredging and Navigation
 
3
Municipal Project Dredging Beneficiaries
Transient boatersValue of purchasesResident boatersBoat supplies and slipsbut no boat taxWaterfront Property Owners
Slide 5
avga on ene sIncreased property value
February 15, 2011 Dredging and Navigation
Waterfront Tax Base
3.8+% of the totalnumber of sin le 
 
family residentialunits (1470 units)7.5+% of assessedvalue of single familyresidential ($568M)and tax recei ts
Slide 6
 ($5.91M)
February 15, 2011 Dredging and Navigation

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