Smith Dam, located in Correctionville, Iowa, is a privately-owned earth dam completed in 1965 for fire protection, stock, and small fish pond purposes. Standing at a height of 34 feet and a length of 315 feet, the dam has a storage capacity of 36 acre-feet and covers a surface area of 2.1 acres. Situated on the TR-Little Sioux River, the dam is regulated by the Iowa Department of Natural Resources and is considered to have a significant hazard potential.

With a moderate risk rating, Smith Dam does not currently have a condition assessment and is not rated for its condition. Despite this, the dam is inspected, permitted, and regulated by the state, ensuring its safety and functionality. While the dam has no associated structures or outlet gates, it serves as a vital resource for water storage and fire protection in the area. As climate change continues to impact water resources, the importance of structures like Smith Dam becomes increasingly apparent for both ecological and human needs.