Corporate fleet (vehicles), fire fleet (vehicles) and parks and recreation assets will be discussed during the third Council-staff working session for the Asset Management Plan on Thursday, June 12.
The public is invited to follow along and learn more about each asset class as it is discussed. The session will take place inside the Council Chambers at Shire Hall (332 Picton Main Street) and streamed live on YouTube starting at 1 pm.
Please note that the regularly scheduled Committee of the Whole meetings for June 12 has been cancelled to accommodate this working session.
The County of Prince Edward, like municipalities across Ontario, is currently updating and expanding its asset management plan as required under Ontario Regulation 588/17.
Asset management planning involves identifying the resources and activities needed for maintaining, updating, or replacing the infrastructure in Prince Edward County.
The municipality is working 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.
The first working session was held on April 24 with a focus on roads. The second working session on bridges, facilities/buildings, and equipment took place May 15. Visit Have Your Say, the County’s online engagement platform, to read the discussion papers and watch the recordings of the sessions.
Following the third working session, 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. The survey will be released to the public on Friday, June 13.
The public is invited to participate in the working session on Thursday, August 28 where Council and staff will consider the preferred Levels of Service and associated financing strategy for the Asset Management Plan. The final draft of the Asset Management Plan will come before Committee of the Whole on Thursday, September 25.
If you have questions or require further information, please contact Arryn McNichol, Director of Finance and Information Technology, at amcnichol@pecounty.on.ca.
Background
Municipalities across Ontario must have asset management plans as per Ontario Regulation 588/17. 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.
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.