Asset Management for Elected Officials

Local governments exist to provide safe, secure, and sustainable municipal services in a predictable
and cost-effective manner. This requires keeping infrastructure assets in a state of good repair. These
assets make up our roads, bridges and transit networks, water and wastewater systems, community and
recreation centres, social housing and much more. They are essential for driving economic growth and
a major reason why our residents and businesses choose to live and operate in different communities.

The significant costs associated with managing these assets is an important component of municipal
budgets. This is why it is important for you as Council member to have a good understanding of the
role of councils in adopting a structured approach to strategically determine infrastructure investment
priorities in their municipalities.

With limited financial capacity, staff resources, and increasing service expectations, planning
for future capital investments while minimizing risk exposure is challenging. And yet it is a key
responsibility of elected officials.

AMO is committed to educate elected officials about asset management as they are stewards of public infrastructure and set strategic direction on allocation of financial resources that affect the quality and delivery of services provided to their communities.

Primer for Elected Officials

This primer is developed to provide councils with a better understanding of their role in adopting a
strategic approach to determine infrastructure investment priorities. The following topics are covered,
with links to additional resources throughout this primer:

  • Understanding of asset management and its fundamentals;
  • Developing a policy that includes governance structure;
  • Determining service levels and engaging the community to set realistic expectations;
  • Anticipating emerging risks such as climate change;
  • Reviewing and Implementing asset management plans;
  • Checklist for councils to assess state of asset management in their municipalities;
  • Available support to build internal capacity for making progress in asset management; and
  • Asset management requirements in Ontario.

Click here to download the asset management primer for elected officials.

Facilitated Discussion: Understanding the Role of Elected Officials in Asset Management

This facilitated panel discussion explores role of elected officials in building a culture of collaboration and coordination at their municipalities to support continuous progress in asset management. 

Panelists:

  • Nancy Peckford – Mayor, Municipality of North Grenville
  • Cheryl Fort – Mayor, Township of Hornepayne
  • Brad Loosley – Mayor, Town of Petrolia

Opening Remarks 0:13

Asset management and service delivery 11:55

Using asset management lens for long-term planning 22:37

Building an organizational culture and relationship with staff 38:32

Ensuring sustainability of infrastructure services 48:42

Panel Discussion Summary

Facilitated Discussion: Impact of COVID-19 on Infrastructure Investments from an Asset Management Perspective

Learn how municipal councils can use asset management as a decision-making tool during a pandemic reassess investment priorities, manage risks and demonstrate sound stewardship of public resources.

Panelists:

  • Kelly Linton – Mayor, Township of Centre Wellington
  • Ric Breese – Mayor, Loyalist Township
  • Robin Jones – Mayor, Village of Westport

Introductory presentation 1:56

Coping with implications of COVID-19 on infrastructure services 35:27

Important conversations that Council and staff need to have 45:40

Engaging the public 54:05

Providing a supportive environment for asset management 55:41

Slides: Impact of COVID-19 on Infrastructure Investments from an Asset Management Perspective

Panel Discussion Summary

ASSET MANAGEMENT: A ROADMAP FOR THE FUTURE OF OUR COMMUNITIES

Just like the TransCanada Highway connects our province and our country, a municipal asset management plan is a roadmap to your municipality's future sustainability. 

Join us on a journey across Ontario and visit 14 different municipalities as we learn more about the importance of asset management.