Community Rating System (CRS)
The National Flood Insurance Program's Community Rating System was implemented in 1990 as a program for recognizing and encouraging community floodplain management activities that exceed the minimum NFIP standards. A points system is used to create the class structure. Ratings from class 10 (lowest) to class 1 (highest) are possible within CRS. Each class represents 500 points. The point system program reduces flood insurance premiums for the citizens of Key Colony Beach. Key Colony Beach’s current rating is 7 (flood insurance discount of 15%).
CRS has three goals: reduce flood losses, facilitate accurate insurance ratings and promote awareness of flood insurance.
To accomplish these goals, a comprehensive list of possible activities wasestablished. Points are awarded to the community for documented action, regulations or plans that correlate with the four main areas of emphasis, which are:
- Public Information Activities
- Mapping and Regulatory Activities
- Flood Damage Reduction Activities
- Flood Preparedness Activities
The City of Key Colony Beach has established a 5 person committee that meets monthly and is currently working on achieving a higher CRS rating. The goal of the committee is to reach a minimum CRS rating of 5 (25% flood insurance reduction) by 2022/2023.
Thomas Harding - KCB City Commissioner
Gerard Roussin - KCB Building Official
Saara Staten - KCB Executive Assistant
David Turner - KCB City Administrator
Mike Guarino - KCB Public Works Supervisor
Kimmeron Lisle - KCB Residential Representative