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Asset Management
UNDERSTANDING ASSET MANAGEMENT
Asset Management is a process to guide Council and staff on municipal capital spending. It involves making the right investment to the right asset at the right point in time at the lowest possible cost.
To do this, we must know:
- What assets we own
- How well the assets are performing
- Provide maintenance to assets to prolong their useful life
- How to prioritize and plan for what assets we need now and what assets will be needed into the future
The Town of Goderich provides a wide range of services that are vital to our quality of life, such as the treatment and distribution of clean drinking water, transportation systems, drainage, parks and recreation and fire protection services. These services depend on physical infrastructure assets such as water treatment plants, roads, storm and sanitary sewers, buildings and vehicles. As of 2024, the cost to replace these assets is estimated to be $614 million.
As the municipality’s Asset Management Program continues to be refined, we can make better informed decisions, to make best use of limited tax dollars to maintain essential services, strengthen our economy, lifestyle, and well-being.
WE WANT TO HEAR FROM YOU!
We invite you to share your thoughts on municipal services by completing the surveys below. The Core Infrastructure Survey involves questions relating to road, sidewalk and road maintenance services. The Non-Core Infrastructure Survey involves questions relating to municipal facilities and community services. The feedback you provide will assist in shaping the plan, priorities, and strategies for future service levels. Your feedback will ensure that the Town of Goderich continues to provide services that effectively meet the needs of the community. Please note that you must be a resident and/or property owner within the municipality to complete the survey.
CORE INFRASTRUCTURE ASSET SURVEY: https://www.surveymonkey.com/r/TownofGoderichCoreServices
NON-CORE INFRASTRUCTURE ASSET SURVEY: https://www.surveymonkey.com/r/TownofGoderichNonCoreServices
Once you have completed one survey, please visit this page again, or copy/paste the link provided on the “thank you” page from Survey Monkey to complete the other survey to ensure you have a say in ALL municipal services the Town provides to YOU!
If you are unable to complete the survey online, please stop by Town Hall to pick-up a paper copy to complete (one survey per resident).
