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Presentation - Navigation Maintenance and Dredging

Presentation - Navigation Maintenance and Dredging

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Published by asoundidea

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Published by: asoundidea on Mar 01, 2011
Copyright:Attribution Non-commercial


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Waterway Management:Navigation Maintenance and Dredging
Waterways Steering CommitteeFebruary 15, 2011
Why do we dredge?
What it does do…
Improve andmaintain navigation
Improve drainage
What it doesn’t do..
Reduce flooding(flood surge levelsdoesn’t change)
Slide 2
February 15, 2011 Dredging and Navigation
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
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
February 15, 2011 Dredging and Navigation

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