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Asset Management in the City of Orillia
The City provides a wide range of services to the community that require the ownership and responsible operation, maintenance and rehabilitation of physical assets. Physical assets can include land, buildings, equipment, transportation, drainage, sewer and water infrastructure. Asset Management is an integrated approach, involving all City departments, to deliver value to the community through the effective management of existing and new infrastructure assets. The intent is to maximize benefits, reduce risk and provide satisfactory levels of service to the community in a sustainable and transparent manner. Good Asset Management practices are fundamental to achieving sustainable and resilient communities.
| Strategic Asset Management Policy |
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Council adopted a Strategic Asset Management Policy in 2019 in accordance with the requirements of provincial legislation. The Policy was revised and updated in 2021. |
| Asset Management Plan (2021) |
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The City, together with its consultant, PSD Citywide Inc., developed an Asset Management Plan that includes all core infrastructure assets as defined in Ontario Regulation 588/17. The core infrastructure assets included are roads, bridges and structural culverts, the drinking water treatment and distribution system, the wastewater collection and treatment system and the stormwater collection system. This Asset Management Plan was adopted by Council on December 14, 2021. |
| Preliminary Natural Assets Inventory |
| In partnership with the Municipal Natural Assets Initiative (MNAI), and through a grant funding opportunity with MNAI, the City has recently completed a Preliminary Natural Assets Inventory. The purpose of the project was to develop a municipal natural asset inventory and determine the next steps required in the development of a full natural assets inventory. The Final Summary Report contains the results of the preliminary inventory project. "Municipal Natural Assets" refer to the natural resources or ecosystems that the City could rely upon or manage for the sustainable provision of one or more local government services. Natural assets are required to be included in the City's overall Asset Management Plan by July 1, 2024. |
| Next Steps for Asset Management in the City of Orillia |
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Two further Asset Management Plans are required by provincial legislation. An Asset Management Plan containing all of the City’s infrastructure assets, reflective of existing levels of service, is required to be in place by July 1, 2024. A further Asset Management Plan, also containing all of the City’s infrastructure assets but reflective of proposed levels of service, is required by July 1, 2025. Level of service is defined as: "the parameters, or combination of parameters, which reflect social, political, environmental and economic outcomes that the organization delivers" (ISO 55000). For general information on municipal asset management, visit the Ministry of Economic Development, Employment and Infrastructure. |
The City of Orillia attempts to make our website documents Accessible, however, some of these documents, such as the Asset Management Plan are produced by third party consultants and may not completely meet all AODA Accessibility requirements. If you require assistance or communication support, please contact 705-325-2622.
