Sec. 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, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 3.01, eff. June 13, 2019.