Various financial management techniques can assist NEPs in identifying the types and extent of CCMP-related costs. For example, local governments typically use capital budgeting to assist in identifying capital costs to implement CCMP-related actions, such as stormwater improvements. Capital budgets are long-term financial plans that account for construction and upkeep of physical facilities owned by public entities. Where these capital budgets have been developed, NEPs can identify incremental capital improvements that relate to implementing CCMP recommendations. Another technique that has assisted NEPs in estimating operating costs is workload analysis.
Workload analyses detail costs of carrying out particular programs or activities.
A final technique is the use of categorical cost estimates. While categorical cost estimates may over- or underestimate a particular activity, these differences are assumed to average out as the costs of objectives are tallied. For each category of common actions, categorical cost estimates were developed, and were used to generate portions of the total CCMP cost estimate. Most NEPs identify potential AFMs through a scoping process that may involve workshops, public meetings, or seminars. These events can identify current funding sources, bring forth any innovative ideas that estuary managers or nonprofits may have, and educate both Management Conference members and the public on the financial planning process.