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.