Pay-As-You-Go refers to using current income (cash) instead of relying on debt (e.g. bonds) as a way to fund projects. Cash funding avoids long-term debt and its associated interest payments.
(or Channel Peak Flow) - The maximum flow of stormwater flowing through a channel at a given location, based on a certain amount of rainfall falling in that area.
A detailed listing of all of the physical aspects of a channel that can influence its effectiveness. Physical condition includes the bottom and sides of a channel, as well as the condition of structures, such as bridges.
Specific conveyances, such as pipes or man-made ditches that flow into, or are part of the overall drainage infrastructure.
The process, occurring after a rainfall, when water gathers in low lying areas throughout a watershed. Frequently referring to water standing in the streets when the capacity of the storm sewer is exceeded.
Pre-Flood Fair Market Value
"The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus." The value for District transactions is determined by an appraiser, licensed or certified by the State of Texas. "Pre-flood" is a term relating to the buyout program which establishes the value prior to recent flood damages.
Project Process includes the Feasibility Stage, Development Stage, Property Acquisition and Utility Relocation Stage, Design Stage and Construction Stage. A funding allotment must be secured for each stage of the project process.
Q - No Terms