What’s next in California's flood future? Finding answers: California Water Management Investment Strategy FEMA Region IX - CHARG Stakeholder Meeting July 24, 2014

California is at Risk Today…….. Drought Tomorrow………a Flood 2

California Is Diverse Population of over 38 million Different Terrains and Habitat – Coastal to Desert – Mountains to inland Valleys – Large Urban areas of LA and SF – Significant Agriculture in Central Valley 10 California Hydrologic Regions Need to Plan for Weather Extremes – Droughts of , , – Floods: 1986, 1997, No One Size Fits All Solutions

: Released November 2013 California’s Flood Future: Recommendations for Managing the State’s Flood Risk Released November 2013 Information received from more than 140 public agencies First comprehensive look at at statewide statewide flood risk Joint DWR/USACE Publication Policy and Investment Recommendations to reduce risk and consequences of flooding 4

This information doesn’t surprise you, but it sure surprised some folks… 1 in 5 Californians are exposed to flood risk $580B in assets are exposed to flooding All 58 counties are at risk for major flooding More than 100 sensitive species 5

Today’s Flood Management Challenges 6 The economic climate has changed O&M of flood management systems is difficult due to permit challenges and insufficient financing. Aging infrastructure and growing population put more pressure on flood management systems. Complex network of over 1,300 agencies are responsible for flood management. These agencies often have conflicting or overlapping responsibilities Climate change impacts, including less snowpack, higher flood peaks, and sea level rise, create new uncertainties. Major system deficiencies put public safety, financial stability and economic well being of the state at risk of flooding.

Sufficient and stable investment in flood management must become a public policy priority 7 Currently identified projects - estimated capital investment Capital investment in California Flood management projects in the last decade Estimated additional capital investment needed for flood management projects $11B More than $50B More than $100B

Recommendations Conduct regional flood risk assessments to understand statewide flood risk. Increase public and policymaker awareness about flood risks to facilitate informed decisions Increase support for flood emergency preparedness, response, and recovery programs to reduce flood impacts. Encourage land use planning practices that reduce the consequences of flooding. 8

Recommendations Implement flood management from regional, systemwide, and statewide perspectives to provide multiple benefits. Increase collaboration among public agencies to improve flood management planning, policies, and investments. Establish sufficient and stable funding mechanisms to reduce flood risk. 9

Which brings us to the Which brings us to the California Water Management Investment Strategy

California’s flood management expenditures are significantly lower than expenditures for water supply and wastewater treatment 11 SOURCE: Water and the California Economy – Technical Appendix PPIC, 2012 Annual expenditures ($ billions) Flood Management Wastewater Water Supply

This just in: Funding is insufficient and unreliable. 12 Declining local and state resources, reduced Federal cost shares Challenging revenue structure Necessary projects and regular O&M are deferred indefinitely. The cost of flood management is misunderstood by public and policy makers

13 Governance and Finance

California Water Management Investment Strategy Describe the State’s investment priorities for all aspects of water management, and offer guidance on how to organize and pay for the work needed to address those priorities. Align with CA Water Action Plan 14

Answering the important questions How much money is needed? What are the State’s investment priorities? What are the financing options? How do we achieve sustainable funding? How do we improve Agency Alignment and permitting inefficiencies? 15

Robust Information-Gathering Process 16 Will build on information collected from agencies responsible for water management. Examples: Water supply Water treatment Flood management Ecosystem management Stormwater management

Types of local agency information 17 Planned projects and necessary maintenance Cost estimates for flood, water and ecosystem management – now and in the future How funding challenges been solved in the past? How do you plan to address funding challenges in the future? What else do you want policy leaders to know?

Value associated with Water Management Public Safety Environmental Stewardship Economic Stability Other Enriching Experiences 18

3. Appendices Context and Framework Information Gathering and Mgmt Actions Agency Alignment and Permitting Risk Management Finance Mechanisms Recommendations California Water Mgmt Investment Strategy 1. Highlights 2. California Water Management Investment Strategy Report 19

California’s Flood Future Report Recommendations for Managing the States Flood Risk August 2012 For more information: Terri Wegener: Terri Jason Sidley: Jason