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Example Flood Risk Report

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2. <strong>Risk</strong> Analysis<br />

2.1 Overview<br />

<strong>Flood</strong>ing impacts non-populated<br />

areas too, such as agricultural<br />

lands and wildlife habitats.<br />

.<br />

State and Local Hazard Mitigation<br />

Plans are required to have a<br />

comprehensive all-hazard risk<br />

assessment. The flood risk<br />

analyses in the FRR, FRM, and<br />

FRD can inform the flood hazard<br />

portion of a community’s or state’s<br />

risk assessment. Further, data in<br />

the flood risk database can be<br />

used to develop information which<br />

meets the requirements for risk<br />

assessments as it relates to the<br />

hazard of flood in hazard<br />

mitigation plans.<br />

<strong>Flood</strong> hazard identification uses FIRMs and FIS identify where flooding can occur<br />

along with the probability and depth of that flooding. <strong>Flood</strong> risk assessment is<br />

the systematic approach to identify how flooding impacts the environment. In<br />

hazard mitigation planning, flood risk assessments are the basis for mitigation<br />

strategies and actions by defining the hazard and enabling informed decision<br />

making. To fully assess flood risk requires the following:<br />

Identification of the flooding source and determination of the<br />

probability of occurrence of the flood hazard<br />

Development of a complete profile of the flood hazard including<br />

historical occurrence and previous impacts<br />

Inventory of assets located in the identified flood hazard area<br />

Estimation of potential future flood losses caused by exposure to the<br />

area of flood hazard<br />

<strong>Flood</strong> risk analyses are different methods used in flood risk assessment to help<br />

quantify and communicate flood risk. <strong>Flood</strong> risk analysis can be done on a large<br />

scale (state, community) level and on a very small scale (parcel, census block).<br />

Advantages of large scale flood risk analysis, especially at the watershed level,<br />

can identify how actions and development in one community can affect areas<br />

up- and downstream. On the parcel or census block level, flood risk analysis can<br />

provide actionable data to individual property owners so they can take<br />

appropriate mitigation actions.<br />

2.2 Analysis of <strong>Risk</strong><br />

The FRR, FRM, and FRD contain four general types of risk analysis to help<br />

describe and visualize the flood risk at the jurisdictional levels:<br />

1. Changes Since Last FIRM<br />

2. Water Surface, <strong>Flood</strong> Depth and Analysis Grids<br />

3. HAZUS Estimated Loss Information<br />

4. Areas of Mitigation Interest<br />

2.2.1 Changes Since Last FIRM<br />

The Changes Since Last FIRM (CSLF) dataset, stored in the FRD and shown in<br />

Section 3 of this report, shows where changes to flood risk may occurred since<br />

the county’s last FIRM 1 was developed. Communities can use this information to<br />

update their mitigation plans, specifically quantifying “what is at risk” and<br />

identifying possible mitigation activities.<br />

1 Note: If the existing effective FIRM has not been modernized or is not in the countywide format,<br />

this information will not be included.<br />

DRAFT – WATERSHED USA FLOOD RISK REPORT 7

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