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Applying Benefits-to-Costs Analysis for Stormwater Improvement Projects

by Melvin G. Spinks, Wilbur Smith Associates, Houston, United States,
Glenn G. Gregory, Jr., Wilbur Smith Associates, Houston, United States,



Document Type: Proceeding Paper

Part of: Water Resources Planning and Management and Urban Water Resources

Abstract:

Benefit-to-cost analyses provide a measure of evaluation for the justification, selection, and prioritization of stormwater improvement projects. Facing increased competition for tax dollars between various public programs, public agencies are increasingly using economic analyses to garner public and political support for projects. An overview of the general benefits-to-costs analysis approach used by several public agencies is presented. Flood damage reduction benefit categories are outlined and described, including a step-by-step economic analysis procedure utilized for a master drainage plan in Tulsa, Oklahoma.

Subject Headings: Stormwater management | Economic factors | Project management | Floods | Benefit cost ratios | Hydraulic structures | Drainage | Oklahoma | United States

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