Asset Management

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 vehicles, buildings, equipment, roads, stormwater, wastewater, and drinking 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.

2026 Annual Review of Asset Management Progress

Council received a report in April 2026 detailing the City’s annual progress in advancing its asset management program. The annual review addressed:

the municipality’s progress in implementing its asset management plan;
any factors impeding the municipality’s ability to implement its asset management plan; and
a strategy to address the factors described in clause (b).

Next Steps for Asset Management in the City of Orillia

The 2026 Annual Review of Asset Management Progress was completed in April 2026 and identified the following areas of focus as the City’s asset management priorities:

Continue to Improve Governance;
Fill Data Gaps and Improve Standardization;
Enhance Lifecycle Forecasting;
Improve Coordination with Master Plans;
Improve Integration with GIS Mapping;
Enhance Levels of Service Tracking; and
Expand Work Order Management System Implementation.

To maintain long-term compliance with Ontario Regulation 588/17, the City will review and update its asset management plan and strategic asset management policy at least every five years.

For general information on municipal asset management, visit the Ministry of Infrastructure.

Strategic Asset Management Policy

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 and 2026.

Policy 1.10.5.1 Strategic Asset Management Policy

Asset Management 2025

The City developed an asset management plan that includes both core and non-core infrastructure assets, an updated inventory analysis, the City’s proposed levels of service, what lifecycle management activities are required to meet the proposed levels of service, and a financial strategy to fund these activities that includes discussion of how any funding shortfalls will be managed. The 2025 Asset Management Plan was adopted by Council on June 23, 2025.

For improved accessibility of the data within some of the figures, the City is developing separate data tables in a more accessible format.

Asset Management 2024

The City developed an asset management plan that includes core and non-core infrastructure assets as defined in Ontario Regulation 588/17. The core infrastructure assets included are transportation assets such as roads, sidewalks, bridges, and structural culverts, the drinking water treatment and distribution system, the wastewater collection and treatment system, and the stormwater collection system. The non-core infrastructure assets included are fire services, fleet and transit, facilities, solid waste, parks, recreation, culture, and tourism, municipal law enforcement and parking, information technology, and natural assets. The 2024 Asset Management Plan was adopted by Council on June 17, 2024.

Asset Management Plan 2021

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. The 2021 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 MNAI 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.