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Toronto City Council · 2019-11-26 · 2019.MM12.3

The filed record

Creating a Dedicated Fund to Enhance Municipal Asset Management Planning - by Councillor Paul Ainslie, seconded by Councillor Shelley Carroll

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The decision

2019-11-26 · Toronto City Council · adopted

As filed

City Council on November 26 and 27, 2019, adopted the following: 1. City Council direct the City Manager to write to the Ontario Minister of Finance, in support of the Ontario Good Roads Association, to request the Government of Ontario to create a dedicated entitlement-based fund, such fund to provide municipalities with the capital they need to enhance their asset management plans and ensure that Ontario's municipalities are creating plans that promote asset management planning while also creating the knowledge and insights the Government of Ontario needs to ensure its investments are optimized.

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2. City Council direct the City Manager to request the Government of Ontario to engage a working group of stakeholders, including municipal representation, to assist in the design and testing of a dedicated entitlement-based fund.

On the agenda

As the city filed it

Recently, the Government of Ontario has recognized the need to provide municipalities with further funds that find efficiencies and address important needs. This ad hoc funding does not guarantee that these funds are dedicated to asset management planning. Municipalities of every size and in every region stand to benefit from having funds dedicated to enhancing municipal asset management planning capacity. Only this will ensure that both the Provincial Government and local governments are collecting the data that can be analyzed to generate the insights that will be needed to ensure Ontario has the blend of assets it needs to be competitive in the 21st century global marketplace.

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The proposed Municipal Asset Management Planning Regulation is an important step forward. All municipalities require financial assistance to realize all of the advantages that can be accrued by asset management planning.

Staff recommended

Councillor Paul Ainslie, seconded by Councillor Shelley Carroll, recommends that: 1. City Council direct the City Manager to write to the Ontario Minister of Finance, in support of the Ontario Good Roads Association, to request the Government of Ontario to create a dedicated entitlement based fund, such fund to provide municipalities with the capital they need to enhance their asset management plans and ensure that Ontario's municipalities are creating plans that promote asset management planning while also creating the knowledge and insights the Government of Ontario needs to ensure its investments are optimized.

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2. City Council direct the City Manager to request the Government of Ontario to engage a working group of stakeholders, including municipal representation, to assist in the design and testing of a dedicated entitlement-based fund.

    On the record

    The item as the City filed it

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