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The Regional Ripple Effects of the 2011 Missouri River Floods: Disaster Management in Omaha, Nebraska

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  • Carol Ebdon
  • Pat O’Neil
  • Gang Chen

Abstract

The Missouri River flooded 6.8 million acres of land in 2011 and threatened a significantly wider area. This paper explores the fiscal issues related to disaster management in three governments: the Omaha Airport Authority, the Omaha Public Power District, and the City of Omaha. The economic interdependencies of these three entities, the location of critical facilities and infrastructure, and the months-long nature of the flooding event make this a useful case study to expand our understanding of financial risks and disaster management across varying types of governments that function interdependently within a critical infrastructure as a “balky system.” Although disaster was averted, the costs were high, and the case illustrates the substantial overlapping risk among these three jurisdictions.

Suggested Citation

  • Carol Ebdon & Pat O’Neil & Gang Chen, 2012. "The Regional Ripple Effects of the 2011 Missouri River Floods: Disaster Management in Omaha, Nebraska," Municipal Finance Journal, University of Chicago Press, vol. 33(2), pages 35-59.
    • Handle: RePEc:ucp:munifj:doi:10.1086/mfj33020035
    DOI: 10.1086/MFJ33020035
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