Walters Creek Watershed Site 33-1, located in the picturesque town of Lake Icaria, Iowa, is a vital water resource managed by the local government. Designed by the USDA NRCS in 1969, this site serves multiple purposes including fire protection, stock, and small fish pond management, as well as flood risk reduction. The dam at this site is an earth dam with a height of 19 feet and a length of 448 feet, providing a storage capacity of 56 acre-feet. The watershed covers a drainage area of 0.38 square miles, with a surface area of 4 acres.

Despite being categorized as having a low hazard potential, Walters Creek Watershed Site 33-1 is regulated by the Iowa DNR and subject to state permitting, inspection, and enforcement. The dam's condition is currently listed as "Not Rated", with the last inspection date recorded in July 1973. The risk assessment for this site is moderate, with a DSAC risk level of 3. While emergency action plans and inundation maps are not currently prepared, the site is managed responsibly to ensure the safety and sustainability of its operations.

As a part of the Kansas City District, Walters Creek Watershed Site 33-1 plays a crucial role in water management and conservation efforts in the region. With its strategic location in Adams County, Iowa, this site exemplifies the importance of sustainable water resource management and serves as a valuable asset for the community. Climate and water resource enthusiasts will appreciate the detailed data and management practices in place at this site, showcasing the commitment to safeguarding water resources for future generations.