Asset Management Plan
Thunder Bay is developing a new Asset Management Plan and we want to hear from you! On this page you will see regularly scheduled survey opportunities where you can provide your valuable feedback on City services.
Get Involved - Open Surveys
Take a few minutes to complete our open surveys:
- Complete the Water Levels of Service Public Survey
- Complete the Wastewater Level of Service Public Survey
Background
See the Asset Management Plan: Phase One. An Accessible Version of the Asset Management Plan: Phase One is also available.
Understanding Asset Management
Asset Management is a process to guide spending decisions. It is all about making the right investment on the right asset at the right time at the lowest possible cost.
To do this right, we must:
- Know what we have
- Measure how well what we have is performing
- Take care of what we have it so it lasts
- Prioritize and plan for both what we have now and what we will have in the future
The City of Thunder Bay provides a wide range of services that are vital to our quality of life, such as clean drinking water, transportation systems, drainage, parks and recreation and emergency services. These services depend on physical infrastructure assets such as water treatment plants, roads, storm sewers, buildings, vehicles and natural assets such as wetlands and trees. The cost to replace these assets is estimated to be $3.4 billion.
As the City’s Asset Management process continues to evolve, we can make better informed decisions about where tax dollars should be spent now to make best use of limited tax dollars to maintain essential services, strengthen our economy, lifestyle and well-being.
A financing strategy will be developed to support a high quality of life for our citizens and future generations, and to support Thunder Bay in achieving our vision of vibrant and dynamic place - One City, Growing Together.
The City of Thunder Bay strives to measure the services that our citizens are receiving, and how effective we are at delivering those services. Hearing a range of perspectives will give us the opportunity to ensure that future planning of services aligns with citizen needs.
Throughout the planning process your thoughts, opinions and satisfaction levels will be used to shape the plan, priorities, and strategies for future levels of service.
Tell us what you think about the current services provided by the City of Thunder Bay by completing our short survey. Your feedback is vital to ensuring that the City aligns services with our customer needs.
We invite you to view the first in our Future-Ready Roadmap series of videos about Thunder Bay's Asset Management Plan:
1. What Is An Asset?
2. What Is Asset Management?
3. Why Community Involvement in Asset Management Matters
The following graphics illustrate "What Is An Asset?" For a larger version, please download the "What Is An Asset" PDF.
The following graphics illustrates the "Steps to Develop the Asset Management Plan" For a larger version, please download the "Steps to Develop the Asset Management Plan" PDF.
The following graphics illustrate "What is Asset Management?" For a larger version, please download the "What is Asset Management" PDF.
Learn more...
- Visit this page for updates on the development of the new Asset Management Plan. Public input will be welcomed at various stages.
- View Thunder Bay's Strategic Asset Management Policy No. 11-02-08
- For information on Thunder Bay's current Asset Management Plan, visit our Asset Management Plan webpage.