Asset Management

Asset Management is a strategic and ongoing process that helps municipalities maintain and invest in infrastructure to ensure reliable and sustainable service delivery. This includes everything from roads, bridges, and stormwater systems to public buildings, parks, fleet, and facilities. 

The goal is to manage these assets efficiently. We track their condition, performance, and financial needs over time to make the most of every tax dollar and reduce unexpected costs. Asset Management helps us make informed decisions about when to repair, upgrade, or replace infrastructure based on risk, lifecycle costs, and community priorities. 

This ensures that our services remain safe, affordable, and resilient—today and for future generations.

Ontario regulatory requirements and timelines

Under the Infrastructure for Jobs and Prosperity Act, 2015, the Province of Ontario requires municipalities to follow O. Reg. 588/17: Asset Management Planning for Municipal Infrastructure. This regulation sets phased deadlines for improving asset planning. 

Key Requirements: 

  • Adopt a Strategic Asset Management Policy
  • Develop Asset Management Plans (AMPs) for all asset classes
  • Define and track Levels of Service from both technical and community perspectives
  • Include lifecycle costing and risk management
  • Review and update AMPs every 5 years

Our Asset Management Plan 

We have completed AMPs that include assets within all service areas. Our AMPs present the assets we own, current condition, performance, and funding needs.

They also outline how assets are maintained, used, and funded throughout their lifecycles. Our AMPs provide a roadmap for future infrastructure spending within the City of Kingston. They guide long-term investment decisions and improve the reliability of municipal services.

Plan Focus Replacement value Key insights
Core AMP (2022) Roads, bridges, large diameter culverts, and stormwater infrastructure $5.6 billion 66% of our core assets are in fair or better condition
Facilities AMP (2023) 147 buildings and structures $1.3 billion 79% of our facilities are in fair or good condition
2024 AMP 21 additional service areas including parks, IT, fleet, transit, and traffic control $1.6 billion 34% of all other assets in good or very good condition
2025 Natural Asset Management Plan Woodlands, forests, plantations, marshes, swamps etc. $1.8 billion  

Key components

Knowing what we own and what it's worth

We maintain an inventory of over 660,000 municipal assets worth billions of dollars. For each asset, we record its type, location, age, and replacement value to support planning and investment decisions.

Understanding the current state and risks

We monitor asset condition using inspections, age-based estimates, and performance data. This helps identify maintenance needs and avoid unexpected failures.

Condition assessment scale, 1 being very good and 5 being very poor.

Defining what residents expect — and how assets perform

Levels of Service (LOS) measure how well our assets perform. We compare the services we provide to what the assets deployed can actually deliver.

  • Community LOS: Captures public expectations like accessibility, safety, and satisfaction
  • Technical LOS: Measures how assets perform in delivering services (e.g., reliability, capacity)

Inforgraphic on what residents see and don't see for asset management

For example, residents see a well-maintained park.

What they don't see:

  • Maintenance crews going to repair benches
  • People going out to inspect playgrounds and assess conditions
  • Reviews of growth plans to identify where new playgrounds are needed and what tools or features may be required
  • Tracking where we receive complaints in the community
  • Reviews of past maintenance spending to understand how severe weather affects our assets
  • Tracking where we receive complaints to understand how severe weather affects our assets

Determining when to repair, renew, or replace

We plan across an asset’s full lifecycle to ensure optimal performance, reduce costs, and extend service life.

The lifecycle of an asset.

An asset lifecycle includes:

  • Planning
  • Rehabilitation or disposal
  • Monitoring and evaluation
  • Acquisition

Prioritizing investments to minimize failure and service disruption

Risk management equation

 

We identify the most at-risk assets to allocate funding where it matters most— on service delivery and public safety.

Risk = Likelihood x Consequences

Likelihood: How likely is an asset to fail?

Consequences: What would happen if it did fail

For example:

  • A bridge with poor condition and high daily traffic has high risk
  • A park bench in fair condition with low use may have a low risk

Budgeting for today and the future

Our Asset Management Plan supports responsible long-term financial planning. It forecasts future repair and replacement needs, and aligns asset renewal with available funding. 

Asset planning helps us deliver reliable, sustainable services while adapting to growth, aging infrastructure, and climate change impacts. 

Frequently asked questions

Assets are everything we own. These assets make up our diverse portfolio of infrastructure that delivers municipal services.

A park may contain playground equipment, splash pads, pathways, and benches, all of which we are responsible for maintaining.

Check out our "What is an Asset" video on Instagram.

When we build a new facility or buy a vehicle, the initial cost is only one part of the total expense.

In fact, 80% or more of an asset’s total cost comes from operating, maintaining, and renewing it over time — not from building or acquiring it. Only 20% of the total cost is attributed to its engineering and construction.

Asset lifecycle costs

This is why lifecycle costing is so important. It allows us to: 

  • Plan for major repairs or replacements
  • Create critical preventative maintenance programs
  • Avoid unexpected breakdowns and service disruptions
  • Make informed, cost-effective investment decisions

We own assets used to support diverse municipal services and departments.

  • Heritage Services
  • Parks
  • Transit
  • Indoor recreation & marinas
  • Long Term Care
  • Solid Waste
  • Library Services
  • Urban Forestry
  • Roads
  • City real estate & environment
  • Fire & Rescue
  • Structures
  • Arts & Cultural Services
  • Natural assets
  • Traffic control & safety
  • Airport operations
  • Cemeteries
  • Stormwater collection
  • Parking equipment, lots, & structures
  • Information Systems & Technology
  • Corporate Facilities & Fleet

Assets associated with existing water, wastewater, and gas services fall under the responsibility of Utilities Kingston and are not included in any of our Asset Management Plans.

By implementing Asset Management, we ensure: 

  • Reliable, safe, and high-quality services for residents
  • Better decision-making based on data and risk
  • Financial sustainability through long-term planning
  • Compliance with provincial regulations

What's next

As part of our commitment to transparency and continuous improvement, we recently conducted a public engagement campaign to better understand community values and expectations around infrastructure and service delivery. 

Visit Get Involved Kingston to learn about the 2025 Public Engagement results.

These insights will help inform: 

  • Proposed Levels of Service (LOS)
  • Future capital investment decisions
  • The 2025 Asset Management Plan update

Asset Management Steering Committee

Our Asset Management work is led by the AM department, but since assets touch all departments, it's a collaborative effort. Plan development involves the AMP Steering Committee which comprises senior management staff from multiple departments, including:

  • Asset Management
  • Fleet
  • Engineering Services
  • Transportation and Infrastructure
  • Financial Services
  • Information Systems & Technology
  • Recreation & Leisure Services
  • Public Works & Solid Waste
  • Facilities Management & Construction Services
  • Utilities Kingston

Contact Us

City of Kingston
City Hall
216 Ontario Street
Kingston, ON K7L 2Z3
Canada
contactus@cityofkingston.ca
Phone: 613-546-0000

The City of Kingston acknowledges that we are on the traditional homeland of the Anishinabek, Haudenosaunee, and the Huron-Wendat, and thanks these nations for their care and stewardship over this shared land.

Today, the City is committed to working with Indigenous peoples and all residents to pursue a united path of reconciliation.

Learn more about the City's reconciliation initiatives.