The 2021 Asset Management Planning program has been launched, offering matching grants of up to $15,000 in two intakes. The intent of the program is to assist local governments in delivering sustainable services by extending and deepening asset management practices within their organizations. Since 2015, more than 260 grants and subsidies have been awarded to local governments throughout BC.
All local governments own, operate, and maintain a wide array of assets. These include, but are not limited to, transportation and water distribution networks, sewage collection systems, information technology, vehicle and equipment fleets, parks, and civic facilities. Asset management brings together the skills, expertise, and activities of people with information about a community’s physical assets and financial resources so that informed decisions can be made to ensure the sustainable service delivery for citizens today and in the future.
The Asset Management Planning program supports activities that advance a local government’s asset management planning or practices, and that facilitate better integration of asset management planning with long term financial planning.
Applications may be submitted at any time, but will only be reviewed following the two intake deadlines: April 30, 2021 and September 24, 2021.
Any questions about the funding program can be directed to lgps@ubcm.ca or 250-952-9177.