Ohio Saves More than $20 Million in Taxpayer Money by Mitigating Properties
The mission of the branch is to invest monies in projects and planning efforts that reduce the cost of damage caused by disasters and minimize the cost to the community. According to a recent Pew report, most states spending on disasters occurs after the fact and not enough of it goes to mitigation. Research has shown that every dollar spend on mitigation saves taxpayers
From 2012 through 2016,
In 2007, the
"As a result of those floods, the state legislature decided they were going to allocate some state funds to the
That diversion channel will help move water out of the area faster during a flood.
A priority in mitigation funding is for the acquisition and demolition of properties that flood repeatedly, and for other mitigation strategies, including elevating structures. "We've done quite a few elevations," Ferryman said. "We're starting to see more requests for those type of projects, and we do some tornado safe rooms as well. It's the risk that determines how we prioritize those projects."
Ferryman said the state has been investing in mitigation since the '90s. "We've been lucky in
Ferryman said he uses spreadsheets to keep track of dollars spent on mitigation. The Pew Report said that keeping track of monies spent on mitigation is difficult because the money is usually spent across various agencies, and most states are unable to track it. If a state doesn't know how much it is spending and on what, it's difficult to know how much is needed to be spent and for what mitigation activities.
The mitigation branch uses the
___
(c)2018 Emergency Management
Visit Emergency Management at www.emergencymgmt.com
Distributed by Tribune Content Agency, LLC.



Health insurance expert calls UPMC prepay mandate ‘harsh’
McCaskill, a dark-money critic, lauds black voter registration effort partially funded by it
Advisor News
- Millennials are ready to bring their advisor to the family table
- How healthcare inflation can eat up a client’s retirement income
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
More Advisor NewsAnnuity News
- Wink: Flat first-quarter annuity sales fall just short of $100B
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Matthew Michelini named Athene president, with an eye on annuity growth
- Lincoln Financial Announces Executive Leadership Transitions
- MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
More Annuity NewsHealth/Employee Benefits News
- Ban on some insurance prior authorizations in Iowa expected to cut red tape
- After Iowa Medicaid goes private, abuse rises, wait for services soars
- Where Affordable Care Act insurance coverage has dropped most in WA
- ATTORNEY GENERAL MAYES SUES MULTIPLAN AND MAJOR HEALTH INSURERS FOR ALLEGED PRICE-FIXING CONSPIRACY
- Arizona sues major health insurance companies for 'price fixing'
More Health/Employee Benefits NewsLife Insurance News
- Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Lincoln Financial Announces Executive Leadership Transitions
- Setting the record straight on premium-financed IUL
- AM Best Affirms Credit Ratings of Halyk-Life, JSC
More Life Insurance News