The City of Barrie provides a wide range of services to its residents, businesses and visitors. The updated Corporate Asset Management Plan (AM Plan) was adopted by City Council in June 2025. The plan focuses on nine City asset portfolios:
- Transportation
- Transit
- Parks, Outdoor Recreation, & Natural Areas
- Stormwater
- Water
- Wastewater
- Facilities
- Fleet
- Barrie Collingwood Railway
The AM Plan identifies the proposed levels of service for the City’s assets between 2025 and 2034, along with their forecasted lifecycle activities and costs, and aligns with the City’s 2019 Strategic Asset Management Policy and proposed levels of service requirements of Ontario Regulation 588/17: Asset Management Planning for Municipal Infrastructure.
Purpose
The AM Plan is intended to improve the City's ability to achieve its corporate goals and objectives in a way that best serves its customers. It provides a rational framework that uses data to inform decisions to manage costs, risks, and levels of service for the City’s asset portfolio. The AM Plan provides a guide to understanding key items such as:
- The size, replacement value, and condition of the City’s asset portfolio
- The current and proposed levels of service and performance
- The assets that will be needed in the future to support service delivery
- The planned activities to sustain current and future assets throughout their lifecycles at minimal cost, while managing risks
- The funding sources for planned lifecycle activities
- The steps to improve future iterations of the AM Plan (a rational framework that enables systematic and repeatable processes to manage costs, risks, and levels of service for the City’s asset portfolio)
Key Considerations
Managing over $11 Billion in assets, the City of Barrie is tasked with a complex challenge: to provide reliable services to the community while also managing the following pressures:
- Aging Infrastructure: looking after what we own.
- Managing Growth: providing new and expanded infrastructure needed to support population growth and employment.
- Financial Sustainability: maintaining critical services without imposing undue financial burden on the community.
- Risk Management: identifying and addressing risks that could impact City services, public health and safety, or the environment.
- Community Expectations: making sure service levels meet the needs of our community.
