Section 16.459 - Transparency Requirements The board shall post the following information on the board's Internet website regarding the use of the resiliency fund and regularly update the information posted:
(1) the progress made in developing flood projects statewide;(2) a description of each flood project that receives money from the resiliency fund, including: (A) the expected date of completion of the flood project;(B) the current status of the flood project;(C) the proposed benefit of the flood project;(D) the initial total cost estimate of the flood project and variances to the initial cost estimate exceeding five percent;(E) a listing of the eligible political subdivisions receiving money from the resiliency fund;(F) a listing of each political subdivision served by each flood project;(G) an estimate of matching funds that will be available for the flood project resulting from the use of the resiliency fund; and(H) the status of repayment of each loan provided in connection with a flood project, including an assessment of the risk of default based on a standard risk rating system;(3) a description of the point system for prioritizing flood projects and the number of points awarded by the board for each flood project;(4) any nonconfidential information submitted to the board as part of an application for funding under this subchapter that is approved by the board;(5) the administrative and operating expenses incurred by the board in administering the resiliency fund; and(6) any other information required by board rule.Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 947,Sec. 3.01, eff. 6/13/2019.