Asset management considers what services the City delivers, the assets needed to deliver these services and which assets are critical to service delivery.
Asset Management Plans (AMPs) describe the asset portfolio, levels of service and performance standards as well as actions and resources required to provide a defined level of service.
While the City’s Infrastructure Master Plans are reviewed as part of the asset management planning process, the City’s AMPs also go on to inform a variety of City documents, such as operating and capital budgets, long-term planning documents, use-fee rate studies and more.
Describes the actions required for the City to manage its parks, outdoor recreation, and facilities in a way that supports current service levels while managing risks and costs.
Includes specialized equipment such as fire trucks and Zambonis, as well as pick-up trucks, lawn mowers and snow plows.
Outlines the state of Barrie's stormwater infrastructure, and highlights the costs associated with the City's responsibility to mitigate flooding and protect bodies of water from any harmful stormwater runoff.
Outlines the state of Barrie's transit assets, provides a plan for delivering services into 2028, and recommends a financial strategy into 2041.
Outlines the state of Barrie's transportation infrastructure and highlights costs associated with ensuring people can get around Barrie safely and effectively by driving, cycling or walking.
Outlines the state of Barrie's wastewater infrastructure and highlights the costs associated with collecting and treating the City's wastewater.
Outlines the state of Barrie's water infrastructure and highlights the costs associated with delivering safe drinking water.
About Asset Management
Read Asset Management Success Stories to learn about how different City departments put asset management principles into practice.
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 Corporate Asset Management (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.
The City’s Assets & Their Value
As of January 2023, the City of Barrie owns about $8 Billion worth of assets that support in excess of 60 services. The CAM team provides valued information to senior staff and City Council to facilitate better, more informed decisions, which are aligned with the City’s Financial Policies Framework. The City’s asset management plans guide the management of the City’s many assets.
| Asset Details | *Replacement Value |
|---|---|
| Transportation Roads, bridges, traffic control, lighting, parking, sidewalks & walkways | $1,386M |
| Stormwater Management Storm sewers, maintenance holes, catch basins, culverts, ditches, watercourses, stormwater ponds, manufactured treatment devices | $1,423M |
| Wastewater Sanitary sewers, maintenance holes, sewage pumping stations, wastewater treatment facility, biosolids storage facility | $1,782M |
| Water Watermains, appurtenances, meters, well pumping stations, booster pumping stations, water towers, underground reservoirs, surface water treatment plant | $1,634M |
| Parks & Outdoor Recreation Parks, sports fields & courts, skateboard parks, splash pads, park utilities, maintained parkland, natural areas | $311M |
| Facilities Corporate & city operations, recreation & culture, emergency services, libraries, parks buildings | $1,276M |
| Fleet Cars, pick-up trucks, heavy trucks, mowers, ice equipment and specialized equipment | $75M |
| Transit Fleet garage, transit terminal, buses, on-steet infrastructure, supporting technology | $113M |