Our double-triple rating shows not only how AMAFCA has been fiscally responsible in how we spend tax dollars, but also in the way we plan to spend tax dollars," said Danny Hernandez, chairman of the AMAFCA Board of Directors.
According to Kelly, by delivering and implementing the necessary programs to improve flood control in Albuquerque and Bernalillo County while maintaining strong financial reserves, AMAFCA was able to show the various ratings agencies' stability and continuity over a period of time.
AMAFCA owns and operates more than $150,000,000 worth of flood control facilities including 34 flood control dams and 65 miles of arroyo channels.
Description: The flood control system telemetry project is to provide automated data reporting for AMAFCA facilities.
This system will enhance AMAFCA s ability to observe the operation of the flood control system during inclement weather by allowing for remote
AMAFCA staff and provide information about the amount and