The document summarizes a presentation given at the TWCA Fall Conference in October 2018 about updating the state flood assessment in Texas. It discusses assessing flood risk and roles, estimating costs of flood mitigation, and envisioning the future of flood planning. Key points included identifying stakeholders' highest priorities for financial assistance, the three pillars of flood risk management being mapping, planning, and mitigation, and estimates of anticipated mitigation costs, available local and non-local funds, and a statewide funding shortfall.