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Assessments

The Great Flood of 1913 devastated the Miami Valley along the Great Miami River, killing hundreds and causing $100 million in damage (nearly $2 billion in today’s economy). Since then, The Miami Conservancy District’s (MCD) flood-protection system has prevented flooding more than 1,500 times, saving property owners from the mess, stress and financial loss of flooding.

Properties that flooded in 1913 and now receive protection from MCD’s flood-protection system pay an annual assessment to cover the necessary, ongoing maintenance of the dams, levees and related flood-protection features. Assessments are based on property tax values and degree of flood protection provided. Properties that receive full flood protection from the dams and levees have a greater benefit and, in general, pay a higher assessment than properties that receive a reduction of flooding (not full protection) from the dams.

Since property tax values can increase or decrease over time, MCD periodically performs a readjustment of the benefits to make sure that the cost to maintain the flood-protection system is equitably distributed. MCD completed its latest readjustment in 2004, the first since 1996.

If you are a property owner, you may use this system to determine your 2005 assessment.

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