Asset Management Plans

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.

Adopted or Last Updated: 2023

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.
City truck
Adopted or Last Updated: 2011

Includes specialized equipment such as fire trucks and Zambonis, as well as pick-up trucks, lawn mowers and snow plows.
Catch basin
Adopted or Last Updated: 2021

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.
transit bus at terminal
Adopted or Last Updated: 2019

Outlines the state of Barrie's transit assets, provides a plan for delivering services into 2028, and recommends a financial strategy into 2041.
road with line painting, bike lane, sidewalk
Adopted or Last Updated: 2021

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.
Sand filter in Barrie's Wastewater Treatment Plant
Adopted or Last Updated: 2022

Outlines the state of Barrie's wastewater infrastructure and highlights the costs associated with collecting and treating the City's wastewater.
surface water treatment plant building
Adopted or Last Updated: 2021

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.

The replacement value of an asset is the expected cost to replace it to the same functional standard with a like-for-like new version based on current market conditions and construction standards. Replacement value estimates assume replacements are conducted as part of planned and bundled capital projects where applicable, rather than as individual replacements, which are typically more costly. For natural areas, replacement costs are based on estimated restoration costs published by the Lake Simcoe Region Conservation Authority and Credit Valley Conservation.
Asset Details*Replacement Value
Roads, bridges, traffic control, lighting, parking, sidewalks & walkways
Stormwater Management
Storm sewers, maintenance holes, catch basins, culverts, ditches, watercourses, stormwater ponds, manufactured treatment devices
Sanitary sewers, maintenance holes, sewage pumping stations, wastewater treatment facility, biosolids storage facility
Watermains, appurtenances, meters, well pumping stations, booster pumping stations, water towers, underground reservoirs, surface water treatment plant
Parks & Outdoor Recreation
Parks, sports fields & courts, skateboard parks, splash pads, park utilities, maintained parkland, natural areas
Corporate & city operations, recreation & culture, emergency services, libraries, parks buildings
Cars, pick-up trucks, heavy trucks, mowers, ice equipment and specialized equipment
Fleet garage, transit terminal, buses, on-steet infrastructure, supporting technology

Frequently Asked Questions