The County of Prince Edward, like municipalities across Ontario, is currently updating and expanding its asset management plan.
Asset management planning involves identifying the resources and activities needed for maintaining, updating, or replacing the infrastructure in Prince Edward County.
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.
Three Council-staff working sessions will take place this spring to facilitate an in-depth discussion about each asset class. The public is invited to follow along and learn more about the asset class as it is discussed. The following sessions will take place inside the Council Chambers at Shire Hall (332 Picton Main Street) and streamed live on YouTube starting at 1 pm:
- Thursday, April 24: Introduction to the Asset Management Plan process and roads
- Thursday, May 15: Bridges, facilities/buildings, and equipment
- Thursday, June 12: Fire fleet, parks and recreation, and corporate fleet
Please note that the regularly scheduled Committee of the Whole meetings for April 24, May 15 and June 12 have been cancelled to accommodate these working sessions.
Join the conversation! Visit Have Your Say, the County’s online engagement platform, to read the discussion paper for each asset class as they are posted and follow the County on Instagram and Facebook for updates.
Following the working sessions, members of the public will have the opportunity to provide their input about levels of service related to asset management in the community through a survey and in-person pop-ups. More information will be shared once the details are confirmed. You can also reach out to your Ward Councillor to share your feedback.
The public is invited to participate in the August 28, 2025 Committee of the Whole meeting where Council will consider the preferred Levels of Service and associated financing strategy for the Asset Management Plan.
If you have questions or require further information, please contact Arryn McNichol, Acting Director of Finance and Information Technology, at amcnichol@pecounty.on.ca.
Background
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.
Visit the Government of Ontario website to learn more about municipal asset management planning.