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THE RED RIVER. FUNDING ad valorem tax based on value of property in the district - ad valorem tax based on value of property in the district - 2.34.

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Presentation on theme: "THE RED RIVER. FUNDING ad valorem tax based on value of property in the district - ad valorem tax based on value of property in the district - 2.34."— Presentation transcript:

1 THE RED RIVER

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3 FUNDING ad valorem tax based on value of property in the district - ad valorem tax based on value of property in the district mills (current) MISSION to work with Corps of Engineers to accomplish their mission to to work with Corps of Engineers to accomplish their mission to maintain authorized width and depth of the Red River as well as maintaining 24/7/365 lock operations. to acquire right of ways for Red River Waterway project. to acquire right of ways for Red River Waterway project. to participate in economic development for waterway area to participate in economic development for waterway area via assistance to ports to develop initial facilities and by providing and maintaining navigable channels between ports and the river channel. GOALS increase tonnage through economic development. increase tonnage through economic development. continued funding support for ports. continued funding support for ports. continued development of recreation areas at appropriate locations. continued development of recreation areas at appropriate locations. support Corps of Engineers in their civil works effort. support Corps of Engineers in their civil works effort.

4 The Red River Before the Red River Waterway project began, the river was full of debris making transportation dangerous and difficult.

5 Current Position 5 Lock & Dams 20 Recreation Areas (Over 2 million visitors ) Public / Private Ports ( 8.2 M barge tons – 2011 – as reported by U.S. Corps of Engineers ) Today, the Red River is a 225-mile navigable and controlled waterway providing commerce, education, and recreational opportunities for future generations.

6 Navigation 1.Lindy C. Boggs L&D 2.John H. Overton L&D 3.Lock & Dam #3 4.Russell B. Long L&D 5.Joe D. Waggonner L&D

7 Recreation Boating Recreation Areas RV Park Water Sports Hiking & Nature Trails Fishing Tournaments

8 Florida Bass Stocking 2000 to 2006 – partnership with LA Dept. of Wildlife & Fisheries. 5-7 inch Phase II fingerlings released in 5 pools. Result #1 - improved quality of fishery and trophy-sized bass. Resume partnership in Result #2...

9 Major Tournaments Economic Impact – over $45 million Attendance – 231,000 plus 2009 & 2012August 2013 Economic Impact $5.6 million

10 LA Port Priority Program Primary goal to improve the infastructure of LA ports and harbors. Primary goal to improve the infastructure of LA ports and harbors. Funded by the LA Transportation Trust Fund Funded by the LA Transportation Trust Fund $20M average funding level $20M average funding level

11 Projects – Red River Ports 24 (22 complete, 2 withdrawn) 24 (22 complete, 2 withdrawn) $61,201,648 committed $61,201,648 committed $10,237,800 withdrawn $10,237,800 withdrawn $375,153,109 benefits $375,153,109 benefits 1,772 jobs created 1,772 jobs created

12 Caddo-Bossier Port Projects 14 projects (13 complete, 1 withdrawn) 14 projects (13 complete, 1 withdrawn) $38,035,016 committed $38,035,016 committed $637,500 withdrawn $637,500 withdrawn $252,414,705 benefits $252,414,705 benefits 1,577 jobs created or retained 1,577 jobs created or retained

13 13 Caddo - Bossier Port Commission Support Infrastructure Port Priority Program Projects

14 Over $2 billion invested by non-federal sources in projects on Red River which match or exceed federal investment - businesses locating on river … Benteler Steel, Ron-Pak - 20 recreation facilities - 10,000 estimated jobs (direct and indirect) - events and major tournaments … - Bassmaster Classic 2009 & 2012 with combined economic impact of over $45 million & combined attendance of more than 231,000 people. - Forrest Wood Cup - August $5.6 million CY M tons shipped on Red River; surpasses 2016 projection of 6.3 M tons. Significant and positive economic impacts on JBJ Waterway Significant and positive economic impacts on JBJ Waterway

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