Asset Management
The City provides a range of services to the public. The provision of these services requires the ownership and responsible management of physical assets.
It is imperative that the City has a plan to manage these assets in order to meet desired service levels, manage risks, and to provide long-term financial sustainability.
To support its commitment to asset management planning, the City has prepared this Strategic Asset Management Policy which details the policies and principles that together form a framework for the City’s asset management process. This framework is intended to enable the City to make consistent and sound decisions, plan for future needs, and build public confidence in municipal infrastructure.