Additional details on required components of this project

The strategic planning process for the Asset Management plan will include three remaining phases:

Phase 1: This phase will gather the community's thoughts, observations, and insights to help ensure the strategy reflects the community's needs and aspirations. This input will help develop an asset management plan that supports a thriving, resilient, and prosperous community. This phase will include a Findings Report that will summarize the analysis and feedback gathered in Phase 1 and 2 of the strategic planning process. Your feedback helps us develop a plan that reflects the experience and insights of local businesses and residents. In this survey we want to hear from our Community, Regulators, Third party operators, Independent service providers, Independent asset owners.

Phase 2: This phase is a deep dive into the current level of service provided. This phase will inventory metrics for levels of service currently being provided for facilities, fleet, parks and trails, technology and communication, and natural assets. This will look at information from the previous two years (energy usage and operating efficiency). This phase will also determine the actions that would need to be taken to maintain the current level of service and the costs associated over the full lifecycle.

Phase 3: This is the final phase and is to be completed by July 1, 2025. This final plan will guide municipal decision making for the lifespan of the longest living asset. It will also help guide the financial plan for the next 10 years. The final plan will build upon the stakeholder consultation analysis and Current Level of Service Plans to ensure:

  • Forward-Looking and Sustainable Practice: The Municipality will incorporate social, legislative, environmental and financial considerations into decisions, taking into account present and future service commitments, giving due attention to the long-term stewardship of assets.
  • Sound Asset Information: The Municipality will collect, collate, control, and circulate the right asset information, at the right time.
  • Robust, Repeatable and Transparent Decision Making: The Municipality will utilize a formal but scalable, consistent, and repeatable approach to manage infrastructure assets, enabling services to be provided in the most efficient and cost-effective manner.
  • Whole Life Cycle Cost Perspective: The Municipality will consider the combined impact of all aspects of the asset life-cycle – acquiring, operating, maintaining, renewing, and retiring assets. No new assets will be constructed/acquired without considering future operating and maintenance costs. Asset performance will be monitored throughout the asset life cycle and will be used to make recommendations on future asset acquisition.
  • Risk-Based Perspective: The Municipality will direct resources, expenditures, and priorities to achieve the agreed service outcomes and benefits, at acceptable levels of risk and proactively plan for climate related impacts that have the potential to compromise municipal assets.
  • People-Focused (Customers and Staff): The municipality will adopt a service-based approach to managing assets and will only accommodate additional demand for services without detriment to current levels of service.


Future: Council will conduct an annual review of asset management planning progress on or before July 1 in each year after the Proposed Level of Service Asset Management Plan is completed, starting the year after the municipality’s asset management plan is completed. The review monitors the municipality’s progress in implementing its asset management plan, any factors impeding the municipality’s ability to implement its asset management plan and a strategy to address the lifecycle activities being affected and risk mitigation available. Once completed, the Proposed Levels of Service Asset Management Plan but be updated every five years.

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