The City of Belleville had an opportunity to do a deep dive into what it owns and the condition of assets.
Consultant Donna Querengesser of SLBC Advisory Group, laid out the municipality’s comprehensive Asset Management Plan Monday night.
The goal for the plan was to allow municipal staff to create a 10-year Capital Project Plan, something Belleville did not currently have.
MORE BELOW
Consultant Donna Querengesser of SLBC Advisory Group
The 191-page report broke down $3.36 billion in municipal-owned assets. It includes everything from roads to bridges, sidewalks, water and waste water systems, parks, buildings, IT, and more.
It looked at the following:
- State of the infrastructure
- Levels of service
- Lifecycle management strategy
- Financing strategy
- Asset management monitoring and improvement plan
Broken down, the report indicates that 82 per cent of assets were in fair or better condition, while 15 per cent were in poor or very poor condition.
Querengesser says they broke down the levels of service on assets.
“The first thing is do you have enough service? So is the road wide enough, is the pipe big enough, do you have enough rec centres, or parks? Is it reliable over time? That’s really looking at the assets themselves. Whether they’re going to continue to provide the current level of service.”
Querengesser added that when looking at a road for example, you budget 30 to 35 years of life, while a facility is more in the 75-year range.
The report indicated that the municipality is spending about $35 million annually on assets, however, Querengesser says they dove into what Belleville must spend to keep up on assets over the coming 10 years.
“So the gap between what your needs are, and what your funding is, which is the red line, looks like it’s around $10 million a year for each of the next 10 years.”
The data shows an average investment of closer to $45 million is needed to keep up on the $3.36 billion in assets.
MORE BELOW
Of the $3.36 billion in assets, there are more than $257 million in very high risk exposure assets.
Querengesser says compared to other Ontario municipalities, Belleville is in an enviable position, however, there still is work to do.
“You’re probably one of the few municipalities, that until now, didn’t have a 10-year capital plan, many others do. You basically now have an asset management plan that enables you to plan ahead for 10 years.”
The exposure of
MORE GRAPHS BELOW
