Flood Risk Perceptions and Overdevelopment in the Floodplain1

ABSTRACT: There is a long standing hypothesis that overdevelopment has occurred in the nation's floodplains due to imperfect information about the potential flood hazard, an expectation of disaster relief and anticipation of future structural protection. This hypothesis is investigated with multiple regression analysis of data for a case study area. In particular the question of whether floodplain residential property values are fully discounted for expected flood damages is addressed by considering the impact of the National Flood Insurance Program on property values. The extent to which flooding risk perceptions are based on low cost information such as distance from and elevation above the river is also considered. Finally, implications for floodplain management policy are discussed.     

WATER SAVINGS FROM LAWN WATERING RESTRICTIONS DURING A DROUGHT YEAR,FORT COLLINS,COLORADO1

ABSTRACT: During the drought year of 1977, unusually low river flows during the summer caused the City of Fort Collins, Colorado, to institute lawn watering restrictions for six weeks as a conservation measure. Water use during the restriction period decreased 41 percent below the previous year. The effectiveness of the restrictions, however, has been unclear because abnormally wet weather also appeared to reduce evapotranspiration rates during the period the restrictions were in effect. The statistical analysis indicates that the reduction in water use due to lawn watering restrictions was 603 acre-feet and that abnormal weather reduced use by an additional 659 acre-feet during the same period. During a period of normal evapotranspiration rates, such restrictions would be expected to reduce Fort Collins municipal water usage by 19.7 percent.     

NORMALIZED AGRICULTURAL PRICES AND WATER RESOURCES PLANNING1

ABSTRACT: Short-term fluctuations in agricultural markets necesitate adjustments in market prices for use in water resources planning. Two procudures for this price normalizing are described and evaluated. The linear treand and weighted average normalizing procedures perform reasonably well, except in cases of dramatic price oscillations.     

ANALYSIS OF WASTE LOAD ALLOCATION PROCEDURES1

A study was made to analyze and modify procedures used for stream assimilation capacity and point source wasteload allocation calculations. This paper describes the sources and types of information collected and the analysis of alternative computation methods developed during the study. The calculation of stream assimilation capacity or Total Maximum Daily Load (TMDL), will depend upon assumed stream flows, quality standards, reaction rates, and modeling procedures. The “critical conditions” selected for TMDL calculations usually are low flows and warm temperatures. The complexity of water quality models used for TMDL and allocation calculations can range from simple, complete mixing to calibrated and verified mathematical models. A list of 20 wasteload allocation (WLA) methods was developed. Five of these WLA's were applied to an example stream to permit comparisons based on cost, equity, efficient use of stream assimilation capacity, and sensitivity to fundamental stream quality data. Based on insensitivity to data errors and current use by several states, the WLA method of “equal percent treatment” was preferable in the example stream.     

US federal tax policy: The evolution of percentage depletion for minerals

We are often tempted to believe that a nation's resource policy is the result of careful deliberation and conscious design and is articulated in a relatively few statutes. This paper traces the history of percentage depletion in the USA and finds that this particular resource policy has evolved in the absence of a recognizable master plan. Percentage depletion has developed through a continuing political tug-of-war in the US Congress as a seemingly unending array of special interest groups sought and finally gained the prize of percentage depletion for their industry.