Watershed Protection and Restoration Program - Financial Assurance Plans

In May 2015, revisions to Maryland’s stormwater management program, signed into law by Governor Hogan, did away with mandatory stormwater remediation fees. These revisions resulted in the development of financial assurance plans from Maryland’s ten largest urban jurisdictions.

Financial assurance plans indicate how stormwater runoff will be treated and paid for over the next five years and will provide the financial roadmap for complying with the Environmental Protection Agency’s (EPA’s) total maximum daily load (TMDL) requirements, also known as the “pollution diet” for Chesapeake Bay.

The law requires the Maryland Department of the Environment to:

  • Post financial assurance plans on its website within 14 days of receipt;
  • Provide an annual report to the Governor and the Maryland General Assembly by September 1 of every year; and
  • Make a decision regarding the adequacy of these plans within 90 days of receipt.

Each jurisdiction must be able to show the financial ability to pay for restoration practices over the next two years. 



2018

Review 2018 financial assurance plans from Maryland’s ten largest urban jurisdictions: