In passing on an application for cost sharing, the board shall consider:
(1) the location of the land that is subject to the cost-sharing contract;
(2) the method of control the applicant will use;
(3) the plans for revegetation;
(4) the total cost of the contract;
(5) the amount of land to be included in the contract;
(6) whether the applicant is financially able to provide the applicant's share of the money for the project;
(7) the cost-share percentage, if an applicant agrees to a higher degree of financial commitment;
(8) any comments and recommendations submitted by a local district, the department, the Texas Water Development Board, or the Parks and Wildlife Department; and
(9) any other pertinent information considered necessary by the board.