ANNEX K: TOWN OF WAKE FOREST
K.4 CAPABILITY ASSESSMENT
K.4.1 Overall Capability Details on the tools and resources in place and available to the Town of Wake Forest were provided by the Town’s HMPC representatives an d are summarized in Section 5 Capability Assessment. Based on that information and using the scoring methodology detailed in that section, Wake Forest has an overall capability rating of High. The Town’s Self -Assessment of key capability areas is summarized in Table K.15 below. Table K.15 – Capability Self-Assessment, Wake Forest
Capability Area
Rating
High High High
Plans, Ordinances, Codes and Programs Administrative and Technical Capability
Fiscal Capability
Moderate
Education and Outreach Capability
Limited
Mitigation Capability Political Capability
High High
Overall Capability
K.4.2 Floodplain Management The Town of Wake Forest joined the NFIP through emergency entry in March 1974 and has been a regular participant since July 1978. The following tables reflect NFIP policy and claims data for the Town categorized by structure type, flood zone, Pre-FIRM and Post-FIRM. Table K.16 – NFIP Policy and Claims Data by Structure Type
Number of Policies in Force
Number of Closed Paid Losses
Insurance in Force
Total of Closed Paid Losses
Structure Type
Total Premium
Single Family
142
$56,421
$42,541,700
2-4 Family
2 1 4
$501 $298
$260,000 $258,000 $850,000
All Other Residential
Non-Residential
$3,219 $60,439
Total
149
$43,909,700
0
$0.00
Source: FEMA Community Information System, accessed November 2018
Table K.17 – NFIP Policy and Claims Data by Flood Zone
Number of Policies in Force
Number of Closed Paid Losses
Insurance in Force
Total of Closed Paid Losses
Flood Zone
Total Premium
A01-30 & AE Zones
27
$12,963
$8,050,200
A Zones
0 0 0 0 0 0 0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
AO Zones AH Zones AR Zones A99 Zones
V01-30 & VE Zones
V Zones
Wake County Multi-Jurisdictional Hazard Mitigation Plan 2019
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