City Releases Asset Management Plan
City of Cambridge Releases Asset Management Plan
The City of Cambridge is pleased to release our updated Asset Management Plan prepared in consultation with stakeholders. City Council officially endorsed the plan on January 21, 2020.
The Asset Management Plan provides an overview of the current state of the City’s infrastructure and identifies improvement priorities to best serve residents and businesses.
The City’s goals are to maintain and improve the state of infrastructure to provide reliable and efficient services, build new infrastructure for service improvements, and support future growth.
The 2019 Canadian Infrastructure Report Card identifies that 58 per cent of municipal assets across the country are rated as being in very good condition or good condition. Currently, Cambridge exceeds this national average with 70 per cent of its infrastructure in good or very good condition
A priority is to provide innovative leadership in the management of city assets to help plan, fund and maintain city assets in a sustainable way. Through the adoption of forward-thinking, proactive programs, the City is better able to monitor the condition of assets and plan for future generations.
For more information and to read the full plan, visit the link below: