The Corporate Asset Management Plans are a long-term strategic plans that ensure good planning and financial managmement. Asset Management (AM) lans guide Newmarket’s processes to reflect accountable governance of its municipal infrastructure. The plans provide an understanding of current and future asset needs, conditions and costs, service levels, risks and future growth planning and funding.
The AM plans are a living document that will be reviewed and updated as the environment changes. This includes considering and incorporating standards, adding new data, updates that demonstrate continuous improvement, changing demographics and trends, provincial policy, and corporate documents and studies. At a minimum, the plans will be reviewed annually and updated every five years as mandated by O.Reg 588/17.
The Asset Management Plan includes five core asset specific plans completed at the end of December 2021. The Town will continue to work on asset management plans for the non-core assets. Please view the Corporate Asset Management Plan for more information.
Resources
- Corporate Asset Management Plan (2021)
- What's included inside?
- Executive Summary
- Financial Strategy
- Concepts and Framework
- Roads Asset Management Plan
- Bridges Asset Management Plan
- Water Asset Management Plan
- Wastewater Asset Management Plan
- Stormwater Asset Management Plan
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