Cambridge - Council approves new 10-year Asset Management Plan - Plan sets foundation for long-term planning and investment

Council discusses long term financial plan

By Brian Lockhart New Tecumseth Town Council recently received a report on its 10-year financial plan. This is a tool to map the Town’s vision, not a budget or a commitment. The intent is to ensure operational goals align with the Town’s financial goals. Town staff takes into consideration any initiatives that Council has proposed, the long-range financial plan, asset management, existing capital, and the operating base. The plan takes into cons…

Cambridge - Council approves new 10-year Asset Management Plan - Plan sets foundation for long-term planning and investment

City Council has approved a new Asset Management Plan (AMP), which outlines how the City will manage and maintain its $4.8 billion in infrastructure for the next ten years (2025-2034) to ensure reliab. . .