State water commission's economic-analysis tool explained; legislators debate thresholds and indirect benefits
Department of Water Resources staff demonstrated the EA (benefit-cost) tool used to evaluate state cost-share for water projects; lawmakers, engineers and water districts debated thresholds, treatment of maintenance versus new capital works, and how to value indirect or environmental benefits for rural reconstruction projects.
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Department of Water Resources Director staff and the State Water Commission presented the agency's economic-analysis (EA) tool and defended its use as an objective benefit-cost method required by 2017 statutes. The tool computes present-value benefits and costs over a 50-year horizon using standard discounting and federal guidance.
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