Asset management planning is an ongoing and long-term process that allows municipalities to make the best possible investment decisions for their infrastructure assets. This includes the following components: building, operation, maintenance, renewal, replacement and disposal.

To help address this issue, the Province implemented the Asset Management Planning for Municipal Infrastructure Regulation, O. Reg. 588/1, effective January 1, 2018.

The goal of this regulation is to help improve the way municipalities plan for their infrastructure. The regulation builds on the progress municipalities have made while bringing consistency and standardization to asset management plans to help spread best practices throughout the sector and enable the collection of comparable data.

The AMP is not intended to provide detailed financial data for specific projects but rather to provide the framework which staff can use to forecast revenue and expenses and develop budgets for specific projects.

Our Plans

The Minden Hills asset management plan is currently under review, however, the current plan can be found here:

• Asset Management Plan

Phase-In Approach to Plan Development

The Province of Ontario has developed the following phased-in approach for the review and re-development of existing plans:

• July 1, 2019: Date for municipalities to have a finalized strategic asset management policy that promotes best practices and links asset management planning with budgeting, operations, maintenance and other municipal planning activities.
• July 1, 2022: Date for municipalities to have an approved asset management plan for core assets (roads, bridges and culverts, water, wastewater and stormwater management systems) that identifies current levels of service and the cost of maintaining those levels of service.
• July 1, 2024: Date for municipalities to have an approved asset management plan for all municipal infrastructure assets that identifies current levels of service and the cost of maintaining those levels of service.
• July 1, 2025: Date for municipalities to have an approved asset management plan for all municipal infrastructure assets that builds upon the requirements set out in 2024. This includes an identification of proposed levels of service, what activities will be required to meet proposed levels of service, and a strategy to fund these activities.

Please visit the Ontario Government website for more information or updates regarding the regulation or the provincial strategy on Municipal Asset Management Planning.