Feds fund asset management planning in 18 Ontario municipalities

NORFOLK, ONT. — The federal government has announced $800,000 in funding to enable 18 Ontario municipalities to upgrade their asset management programs.

The spending comes from the Municipal Asset Management Program, a $110-million program funded by the federal government and delivered by the Federation of Canadian Municipalities.

Among the recipients:

• The County of Norfolk receives $50,000 to assess the condition of the county’s facilities’ building components, including information collection on each individual building component and their expected useful lives. The information gathered will be entered into the county’s asset management software and will guide long-term asset management plans, stated a release.
• The City of Toronto receives $50,000 to develop a Fine Art Asset Management best practice guide for the Toronto History Museums through a digital inventory of the City of Toronto’s Fine Art Collection.
• The City of Niagara Falls receives $50,000 to undertake condition assessment activities at 22 of the City’s stormwater management ponds and to use the results to build a multi-year operating and capital budget forecast.