Value of Mitigation
For every $1 spent on mitigation efforts we save $6 in future disaster costs. The State of Colorado is currently working to protect $60 million of values in Lake City by providing a state unified coordination group to support Hinsdale County flood mitigation efforts caused by avalanche debris.
The State of Colorado declared a state emergency on May 6, 2019. The declaration allows the State Emergency Operations Center to access the Disaster Emergency Fund and activate the Resource Mobilization Plan to provide resources to support Hinsdale County.
As of June 6, 2019, the State Colorado has invested $1.18 million. This includes all resource requests processed through WebEOC and the state share of two Natural Resources Conservation Service (NRCS) grants obtained to pay for the deconstruction of the Hidden Treasure Dam and avalanche debris.
The total costs of flood prevention efforts in Hinsdale County are approximately $3.4 million dollars. This includes:
- NRCS Grants: $2.03 million
- State Share: $1.18 million
- County Share: $171,000
- Town Share: $21,000
- Volunteer In-Kind Value: $39,000