Municipal Infrastructure Investment and Financial Sustainability
Municipalities own infrastructure assets to provide services to our communities. Financial sustainability is the ability to continue to provide existing levels of service in the future. To better understand how Ontario's communities can sustainably invest in infrastructure, AMO partnered with York Region to develop a framework to guide municipal infrastructure investments. Some of the key findings of this research include:
- Ontario municipalities are diverse based on their fiscal capacity, infrastructure intensity, and infrastructure investment needs.
- Municipalities need a fiscal strategy that articulates the long-term relationships between the capital plan, reserve management and debt management.
- Good asset management planning is essential in achieving financial sustainability.
The State of Ontario's Infrastructure in 2016
AMO demonstrated the municipal sector’s progress in asset management planning in its 2018 Outcomes Report. To inform this work, AMO partnered with Public Sector Digest to assess the current state of infrastructure and the evolution of municipal asset management plans based on a sample of 60 municipalities across Ontario.
The case study suggests that the scope of asset management plans - in terms of the number of asset classes covered - more than doubled between 2013 and 2016. Additionally, municipalities have been tackling their infrastructure backlog and improving their asset management plans but more work is required to meet the requirements of the asset management planning regulation.
Review the full research report to learn more about municipalities' progress in asset management.
The State of Ontario's Roads and Bridges in 2013
Municipalities are required to demonstrate progress in asset management under the federal Gas Tax Agreement. To establish a baseline, AMO conducted a comprehensive analysis of the state of Ontario's roads and bridges across 93 Ontario municipalities.
The study provides a clear understanding of the state of our largest infrastructure assets and offered key insight into what steps the sector could take to move forward and improve asset management planning.