Community Rating System CRS Program associated with the

Community Rating System (CRS) Program associated with the National Flood Insurance Program

What is the Community Rating System (CRS) v The National Flood Insurance Program's (NFIP's) Community Rating System (CRS) is a voluntary incentive program that recognizes communities for implementing floodplain management practices that exceed the Federal minimum requirements of the NFIP to provide protection from flooding. v The program is similar to, but separate from, the private insurance industry’s programs that grade a communities effectiveness of their fire suppression and building code enforcement. v It uses a point based system to provide discounts on flood insurance premiums that can range from 5% to 45%. The system evaluates up to 19 activity areas in which the city can exceed the NFIP minimums.

Rate Class and Property Owner Discounts How much discount property owners in our community can get Rate Class 1 2 3 4 5 6 7 8 9 10 Discount SFHA Non-SFHA 45% 10% 40% 10% 35% 10% 30% 10% 25% 10% 20% 15% 5% 10% 5% 5% 5% 0% 0% Credit Points Required 4, 500 + 4, 000 – 4, 499 3, 500 – 3, 999 3, 000 – 3, 499 2, 500 – 2, 999 2, 000 – 2, 499 1, 500 – 1, 999 1, 000 – 1, 499 500 – 999 0 – 499

CRS Program Review Status • Galveston has participated in the CRS program since x date and is currently at ranked at a class seven. • Every five years, the city is subject to a CRS Cycle Verification which reviews our implementation content and methodology. • The last Cycle Verification was done in 2013 and we are preparing now for the next verification due in November of this year. • We have contracted with Debbie Vascik (Cahoon Consulting) to coordinate the Cycle Verification review. • Question and Answer session with Mark Lujan and Gilbert Giron, FEMA