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 value of asset management planning.

Does your asset management plan meet the requirements?
Ontario municipalities must develop and implement an asset management plan by December 31, 2016 in order to continue receiving federal Gas Tax Fund payments under the Federal Gas Tax Agreement.
 
To meet the asset management requirements of the Agreement, municipalities must:
  • Improve existing asset management plans to include all tangible capital assets reported in Schedule 51 of the Financial Information Return (FIR) that are eligible for Gas Tax funding. The 16 eligible infrastructure categories are listed in Schedule B of the Agreement.
  • Adhere to the guidelines set out in Ontario’s Building Together: Guide for Asset Management Plans.
  • Demonstrate progress by reporting annually on asset management outcome indicators.
Municipalities are expected to continue working on the improvement of their asset management plan even if they are not able to incorporate all eligible tangible capital assets by Dec 31, 2016. AMO will not withhold Gas Tax funds as long as municipalities can demonstrate progress towards meeting the requirement.

Plans can use any appropriate format, but must include the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Municipal Asset Management Plans.
 
AMO can help
AMO is working with LAS and the Municipal Finance Officers Association (MFOA) on a ‘multi-year road map’ that will help municipalities plan their training needs to better understand the key elements of a comprehensive Asset Management process, and take the next step in their Asset Management planning.   
Courses will help municipalities develop the internal resources to make asset management more meaningful. For more information visit the Asset Management page.