Years of extensive wildland fire suppression in the Southwest has left many forests with unnaturally high levels of forest fuels, like dense undergrowth and thick litterfall. This has changed the natural fire ecology from low, fast-burning wildfires, to much larger crown fires that kill trees and undermine landscape integrity. In 2010, a wildfire and subsequent flooding on the east side of the San Francisco Peaks, just north of Flagstaff, Arizona, caused over $150 million in combined suppression and recovery. A similar wildfire in either of the two Flagstaff watersheds could potentially flood much of downtown and/or disrupt 50 percent of the city’s water supply, resulting in significant long-term financial and life-style impacts within the community. Recognizing the need for preventative action, a partnership between the city, county, state, and federal governments, with support from local non-profit and for-profit organizations, has resulted in the Flagstaff Watershed Protection Project (FWPP). With Flagstaff Wildland Fire Management Officer Paul Summerfelt coordinating FWPP activities, FWPP plans to mitigate the risk of potentially devastating wildfires in Flagstaff’s critical watershed areas by managing forest fuels and restoring natural ecosystem functions. This will include thinning out dense forests and reintroducing a low-intensity fire regime. To fund FWPP, Flagstaff passed a $10 million municipal bond with 74 percent approval rate, making FWPP the only forest restoration work on National Forests funded through municipal bonds.