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

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THE RED RIVER

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

THE RED RIVER

FUNDINGFUNDING• ad valorem tax based on value of property in the district - ad valorem tax based on value of property in the district -

2.34 mills (current)2.34 mills (current)

MISSIONMISSION • to work with Corps of Engineers to accomplish their mission toto work with Corps of Engineers to accomplish their mission to

maintain authorized width and depth of the Red River as well maintain authorized width and depth of the Red River as well as maintaining 24/7/365 lock operations.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 via assistance to ports to develop initial facilities and by providing and maintaining navigable channels by providing and maintaining navigable channels between ports and the river channel.between ports and the river channel.

GOALSGOALS• 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.

The Red River

Before the Red River Waterway project began, the river was full of

debris making transportation

dangerous and difficult.

Current Position

5 Lock & Dams5 Lock & Dams

20 Recreation Areas20 Recreation Areas(Over 2 million visitors - 2012)(Over 2 million visitors - 2012)

Public / Private PortsPublic / Private Ports( 8.2 M barge tons – 2011 – as reported by U.S. ( 8.2 M barge tons – 2011 – as reported by U.S.

Corps of Engineers )Corps of Engineers )

Today, the Red River is a 225-mile navigable and controlled waterway providing commerce, education, and recreational opportunities for

future generations.

Navigation Navigation

1.1.Lindy C. Boggs Lindy C. Boggs L&DL&D

2.2.John H. Overton John H. Overton L&DL&D

3.3.Lock & Dam #3Lock & Dam #3

4.4.Russell B. Long Russell B. Long L&DL&D

5.5.Joe D. Waggonner Joe D. Waggonner L&DL&D

RecreationRecreation

• Boating

• Recreation Areas

• RV Park

• Water Sports

• Hiking & Nature Trails

• Fishing

• Tournaments

Florida Bass StockingFlorida Bass Stocking• 2000 to 2006 – partnership withLA 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 2013.

• Result #2 ...

Major Major TournamentsTournaments

Economic Impact – over $45 million

Attendance – 231,000 plus

2009 & 2012 August 2013

Economic Impact

$5.6 million

LA Port Priority Program

• Primary goal to improve the Primary goal to improve the infastructure of LA ports and infastructure of LA ports and harbors. harbors.

• Funded by the LA Transportation Funded by the LA Transportation Trust Fund Trust Fund

• $20M average funding level$20M average funding level

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 created1,772 jobs created

Caddo-Bossier Port Projects

• 14 projects 14 projects (13 complete, 1 withdrawn)(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 retained1,577 jobs created or retained

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Caddo - Bossier Port Caddo - Bossier Port CommissionCommission

Support InfrastructureSupport Infrastructure

Port Priority Program ProjectsPort Priority Program Projects

• 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 2013 - $5.6 million

• CY 2011 - 8.2 M tons shipped on Red River; surpasses 2016 projection of 6.3 M tons.

Significant and positive economic impacts Significant and positive economic impacts on JBJ Waterwayon JBJ Waterway

www.redriverwaterway.com