Asset Management
The Town has an organization-wide asset management program to promote lifecycle and risk management of all municipal infrastructure assets, with the goal of achieving the lowest total cost of ownership while meeting
desired levels of service.
The Town ensures continuous improvement practices and adopts best practices regarding asset management planning, including:
- Completing accurate asset data collection;
- Undertaking regular condition assessments;
- Preparing risk and criticality models;
- Adopting lifecycle management practices;
- Updating and maintaining financial strategies; and
- Following a level of service framework.
The Town maintains an asset inventory of all municipal infrastructure assets, which includes unique identification, description, location information, value (both historical and replacement), performance characteristics and/or condition, estimated remaining life, estimated repair, rehabilitation and/or replacement date, and estimated repair, rehabilitation or replacement costs.
Asset Management Plan
Th Town's asset management plan was developed in accordance with Ontario Regulation 588/17 (O. Reg 588/17) and offers a comprehensive overview of both core and non-core infrastructure assets.
Seven asset categories are analyzed which have a total replacement cost of $360 million, and include local and collector roads, bridges, structural culverts, stormwater infrastructure, various buildings, facilities, machinery, equipment, and vehicles that support effective operations and service delivery. Based on condition and age analysis, 81% of Town infrastructure and capital assets are in fair or better condition.
The 2024 AMP provides the Town’s current performance levels. The 2025 iteration, as required by O. Reg 588/17, will pivot to identifying and delivering proposed or target levels of service.
Contact Us
Town of Bracebridge
1000 Taylor Court
Bracebridge, ON P1L 1R6
Phone: (705) 645 5264