The roadmap ahead towards the City's Asset Management program will be outlined tonight, as the City's Chief Financial Officer Corinne Bomben reveals the findings of overview of how the city has managed its process in the past and where it should go in the future.
The background to the Study comes through the report from the CFO which serves as an introduction to the report compiled by Urban Systems.
The key overview from the CFO noting as to how the document offers a focus for the next three years of asset management practices.
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The report noting that by doing so will enable the City to achieve its broader goals of demonstrating good stewardship and delivering affordable and sustainable services while considering its legacy to future residents.
Some of the key snapshots from the Report are noted below:
Towards what to focus on, Urban Systems identified four key areas for the City to concentrate on, Communicating information to Council, the community and senior levels of Government, Organizational commitment and capacity, Getting Data in the Door and integrating asset management into master planning.
How the City can approach those areas are outlined below:
The full report can be accessed through the City Council Agenda for tonight, starting on page .
The Asset management study is the first of two significant reviews of how the city approaches its work, still to come is a companion report on Infrastructure Replacement Strategy, that report is expected to be completed in early 2023.
More notes on tonight's Council Session can be explored through our Council Preview Feature.
A look at some of the infrastructure concerns for the community can be explored through our archive page.
Cross posted from the North Coast Review.
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