Asset Management Planning

Asset management considers what services the City delivers, the assets needed to deliver these services and which assets are critical to service delivery. 

While the City’s Infrastructure Master Plans are reviewed as part of the asset management planning process, the City’s Corporate Asset Management Plan goes on to inform a variety of City documents such as operating and capital budgets, long-term planning documents, use-fee rate studies and more. The plan identifies the proposed Levels of Service for the City’s assets, along with their forecasted lifecycle activities and costs. 

About Asset Management

Asset Management (AM) ensures community sustainability and a high quality of life through effective and innovative management of tangible assets. The Strategic Asset Management Policy sets the framework for undertaking asset management in a structured, coordinated way.

The CAM department provides valuable information to City Council to facilitate better, more informed decisions aligned with the City’s Financial Policies Framework. Asset management is a journey and the City’s practices are evolving and continuously improving.

Asset management considers what services the City delivers, the assets needed to deliver these services and which assets are critical to service delivery. Ultimately the goal of asset management is to deliver services at the desired level while minimizing costs and maintaining an acceptable level of risk.

Assets Support Service Delivery

Assets only exist to support the delivery of services to the public. If a municipality doesn’t provide recreation as a service, it doesn't need to own assets like pools and arenas. If another level of government provided drinking water, the City wouldn't need to build, operate, or maintain water mains.

Asset Portfolios

The City of Barrie is responsible for a broad portfolio of assets, as outlined below. Each portfolio is detailed in the City's Corporate Asset Management Plan.

Train on tracks at crossing
The Barrie-Collingwood Railway is a short-line railway that the City of Barrie has owned and operated the railway, through its contract with Cando Rail and Terminals Ltd., since 2012.
Building with signage: Peggy Hill Team Community Centre
City facilities and associated site infrastructure are constructed, managed, and maintained by two departments. Facilities include administrative offices, community centers, libraries, fire stations, and other public facilities.
City street sweeping vehicle
Fleet assets ensure that vehicles and equipment are properly maintained, serviced, and repaired to meet safety standards and operational requirements, enabling various municipal departments to carry out their duties effectively and efficiently.
Parks, outdoor recreation, and natural areas in a municipality offer residents opportunities for leisure and physical activity.
The City's stormwater assets are critical to ensuring effective and sustainable stormwater management. This includes the maintenance, rehabilitation, and enhancement of infrastructure to protect the community from flooding, manage water quality, and support environmental stewardship.
People at transit terminal with bus in background
The City's Transit assets are essential to delivering safe, efficient, and accessible public transportation options for all residents and visitors, enhancing mobility throughout the community.
road with line painting, bike lane, sidewalk
The City's transportation assets aim to provide safe, efficient, and accessible transportation options for residents and visitors, facilitating mobility within the community.
The City's Wastewater assets are critical for ensuring the efficient and safe collection, and treatment of wastewater. This includes the maintenance, upgrading, and management of infrastructure such as sewer lines, treatment plants, and pumping stations.
Building with three flags out front
The City's Water assets are vital to providing safe, reliable, and high-quality water supply to residents and businesses. This involves the upkeep, optimization, and renewal of water infrastructure, including treatment plants, pipelines, reservoirs, and distribution systems.

Frequently Asked Questions