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The Strategic Asset Management Policy Toolkit, Municipal Finance Officers' Association of Ontario (MFOA)*

The Strategic Asset Management Policy Toolkit provides foundational guidance and information to municipalities to support Policy development and implementation. It includes:
  • Scalable policy example statements meeting the requirements of the revised regulation
  • Guidance for policy preparation and development, including fostering municipal support, Council adoption, and implementation
  • Case studies summarizing the process and lessons learned by ten pilot municipalities who have worked with and informed the Toolkit development process, including the Township of Georgian Bay.
Some content includes:
  • Benefits of asset management
  • The challenge of asset management
  • Background on the regulation
  • Regulation timeline
  • Policy development tools
  • Strategic alignment
  • Guiding principles
  • Capitalization thresholds
  • Budgeting
  • Community planning
  • Climate change
  • Stakeholder engagement
  • Policy implementation
  • Publishing the policy
  • Governance
  • Continuous improvement
  • Worksheets
  • Case studies

*Description adapted from the Strategic Asset Management Toolkit. The Toolkit was compiled by KPMG LLP (“KPMG”) for the MFOA pursuant to the terms of KPMG’s engagement agreement with the MFOA dated July 17, 2017. KPMG relied on the information provided by the MFOA and the Project Contributors.

Strategic Asset Management Policy Toolkit, Municipal Finance Officers' Association of Ontario, April 2018