Asset Management

Asset Management

Central Elgin adopted an Asset Management Plan on December 24th, 2013.  You can view the plan here.

The Plan was developed as a result of the provincial requirements to file an asset management plan for roads, bridges, water and waste water infrastructure by the end of 2013.  The Municipality engaged the services of RJ Burnside Engineering in partnership with Watson & Associates Economists to assist in preparations of the 2013 Municipal Asset Management Plan.  The remaining asset classes such as facilities, parks, storm sewers, street lights etc. will be evaluated and the Asset Management Plan will be updated in 2014. 

Throughout preparation of the Plan, the Consultants interviewed municipal management and operations staff to determine maintenance programs and activities that are focused on maintaining municipally owned assets with a goal of extending their useful life.  Central Elgin is in good financial shape, and would only require a small tax increase should Council wish to close or eliminate the gap. It was determined by the Consultants that the Municipality is already implementing industry recognized ‘best practices’ respecting maintenance of municipal assets, and they had no further recommendations to make to extend the life of existing roads, bridges, water and wastewater infrastructure.

In the summer of 2012 the Ministry of Infrastructure for the Province of Ontario announced “Building Together: Guide for Municipal Asset Management Plans” which is a program encouraging municipalities to complete comprehensive Asset Management plans for critical municipal infrastructure.  The mandatory asset classes to be covered by the asset management plan are roads, bridges, water and waste water infrastructure.    

 

summer at central elgin

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