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<br />The Miami-Dade Local Mitigation Strategy <br />June 2011 <br /> <br />Cost Parameter <br /> <br />Cost 25% <br />I Estimated Costs* 20% 100 <br /> i. initial Cost 75% 5 - Low: $0 to $100,000 5 375 <br /> 3 - Moderate: $100,000 to $1 million <br /> 1 - High: More than $1 million <br /> ii. Maintenance/Operating 25% 5 - Low costs 5 125 <br /> Costs 3 - Moderate costs <br /> 1 - High costs <br />2 Benefit to Cost Ratio 40% 5 - High: Ratio is greater than 4 to I 5 200 <br /> 3 - Medium: Ratio is between I to I and 4 to I <br /> 1 - Low: Ratio is less than I to I <br />3 Financing availability 10% 5 - Good: Readily available with grants or other funding 5 50 <br /> 3 - Moderate: Limited matching funds available <br /> 1 - Poor: No funding sources or matching funds are identified <br />4 Affordability 10% 5 - Good: Project is easily affordable 5 50 <br /> 3 - Moderate: Project is somewhat affordable <br /> 1 - Poor: Project is very costly for the jurisdiction <br />5 Repetitive Damages Cor- 20% 5 - High: Alleviates repetitive loss. Property must have been 5 100 <br /> rected damaged in the past by a disaster event. <br /> 3 - Medium: Repetitive loss may have occurred but was not <br /> documented. <br /> 1 - Low: No effect on repetitive loss. <br /> Parameter Subtotal 100% sum of parameter scores: max= 500 500 <br />Cost Subtotal (sum of parameter scores) / (maximum possible score) 100% <br /> <br />Prioritization Alaorithm Totals <br /> <br />1- <br /> <br />Parameter. <br />'" <br /> <br />Weighting f6actor <br /> <br />Percent ill <br /> <br />Points <br /> <br />SUITABILITY SUBTOTAL 30% 100% 30 <br />RISK REDUCTION SUBTOTAL 45% 100% 45 <br />COST SUBTOTAL 25% 100% 25 <br />TOTAL t 10001'0 . 100 II <br /> <br />.. <br /> <br />For a working Microsoft Excel worksheet of the LMS Prioritization Matrix <br />send an e-mail request to: mdlms@miamidade.2ov. <br /> <br />46 <br />