Asset Management Plan

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Asset management planning involves identifying the resources and activities needed for maintaining, updating, or replacing the infrastructure in Prince Edward County.

Like municipalities across Ontario, the County of Prince Edward is currently updating and expanding its asset management plan. Provincial legislation requires municipalities have asset management plans in order to comply with the Federal Gas Tax Agreement. In 2022, County Council approved a Strategic Asset Management Plan Policy and updated its plan for core infrastructure services. In 2024, County Council approved an update to the Asset Management Plan to include non-core municipal assets. By July 1, 2025, the municipality must expand its Asset Management Plan to include proposed levels of service and a sustainable 10-year capital financial strategy.

Over the next several months, the municipality will work toward an asset management plan that includes proposed levels of service and a sustainable long-term financial strategy to achieve those levels.

  • Assets are everything the County of Prince Edward owns, such as roads and bridges, vehicles, parks, buildings, and equipment. These assets allow municipal staff to deliver services across the municipality. The performance and condition of the assets directly impacts service quality.
  • Levels of service are defined by the quality and extent of services the municipality provides. Levels of service incorporate a variety of factors such as safety, customer satisfaction, quality, reliability, and cost.

About the process

April - June 2025: Council and staff will determine the regulatory requirements, needs, and expectations for each asset class under consideration. Council-staff working sessions on April 25, May 15, and June 12 will allow for an in-depth discussion of vision, mission, goals, asset conditions, levels of service, financial strategies, and recommendations. The public is invited to follow along and learn more about each asset class as it is discussed.

June - July 2025: Engagement with the public about levels of service related to asset management in the community. Through a survey and in-person pop-ups, the municipality will seek public feedback on:

  • Satisfaction with municipal services and assets
  • Suggestions for service and asset improvements
  • Expectations for levels of municipal service
  • Willingness to pay to maintain or increase services
  • Service priorities for funding allocations

July - August 2025: The municipality will finalize the asset management plan with service levels for each asset category. The final plan will include a detailed 10-year financial strategy for maintaining, renewing, and replacing assets.



NOTE: Water / Wastewater Levels of Service will be informed by the Water and Wastewater Rates Community Committee and set in the 2027 - 2031 Rate Study


How to participate

  • Watch the Council-Staff working sessions in-person or online
  • Read the background reports for each asset class when they are posted after the working sessions
  • Take the survey in July
  • Attend a pop-up event in July
  • Make a deputation at the August 28 Committee of the Whole meeting where Council will consider the final draft of the Asset Management Plan
  • Leave a comment or question below

Asset management planning involves identifying the resources and activities needed for maintaining, updating, or replacing the infrastructure in Prince Edward County.

Like municipalities across Ontario, the County of Prince Edward is currently updating and expanding its asset management plan. Provincial legislation requires municipalities have asset management plans in order to comply with the Federal Gas Tax Agreement. In 2022, County Council approved a Strategic Asset Management Plan Policy and updated its plan for core infrastructure services. In 2024, County Council approved an update to the Asset Management Plan to include non-core municipal assets. By July 1, 2025, the municipality must expand its Asset Management Plan to include proposed levels of service and a sustainable 10-year capital financial strategy.

Over the next several months, the municipality will work toward an asset management plan that includes proposed levels of service and a sustainable long-term financial strategy to achieve those levels.

  • Assets are everything the County of Prince Edward owns, such as roads and bridges, vehicles, parks, buildings, and equipment. These assets allow municipal staff to deliver services across the municipality. The performance and condition of the assets directly impacts service quality.
  • Levels of service are defined by the quality and extent of services the municipality provides. Levels of service incorporate a variety of factors such as safety, customer satisfaction, quality, reliability, and cost.

About the process

April - June 2025: Council and staff will determine the regulatory requirements, needs, and expectations for each asset class under consideration. Council-staff working sessions on April 25, May 15, and June 12 will allow for an in-depth discussion of vision, mission, goals, asset conditions, levels of service, financial strategies, and recommendations. The public is invited to follow along and learn more about each asset class as it is discussed.

June - July 2025: Engagement with the public about levels of service related to asset management in the community. Through a survey and in-person pop-ups, the municipality will seek public feedback on:

  • Satisfaction with municipal services and assets
  • Suggestions for service and asset improvements
  • Expectations for levels of municipal service
  • Willingness to pay to maintain or increase services
  • Service priorities for funding allocations

July - August 2025: The municipality will finalize the asset management plan with service levels for each asset category. The final plan will include a detailed 10-year financial strategy for maintaining, renewing, and replacing assets.



NOTE: Water / Wastewater Levels of Service will be informed by the Water and Wastewater Rates Community Committee and set in the 2027 - 2031 Rate Study


How to participate

  • Watch the Council-Staff working sessions in-person or online
  • Read the background reports for each asset class when they are posted after the working sessions
  • Take the survey in July
  • Attend a pop-up event in July
  • Make a deputation at the August 28 Committee of the Whole meeting where Council will consider the final draft of the Asset Management Plan
  • Leave a comment or question below

Comments

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The map showing the quality of PEC roads is incorrect as it doesn’t indicate Peats Point Rd is at end of life as is shown in the added example pictures you provided.

Phil Englefield about 16 hours ago
Page last updated: 18 Apr 2025, 01:45 PM