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created Sep 11 2015

updated Jun 21 2018

Description

City Asset Sustainability measures the extent to which the City is reinvesting in its existing infrastructure compared to the amount of reinvestment required to bring
infrastructure to an acceptable condition. The measure is a ratio of the actual capital infrastructure renewal expenditure divided by the required capital infrastructure renewal expenditure. Although this ratio is calculated on an annual basis, year-to-year variances from the target may occur. The target is, therefore, a five-year rolling average. The actual renewal expenditures are derived from the Capital Year End Performance Report.

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Public
Tags
city assets, sustainability, fiscal sustainability
SODA2 Only
Yes
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General Information
Purpose
City Asset Sustainability measures the extent to which the City is reinvesting in its existing infrastructure compared to the amount of reinvestment required to bring infrastructure to an acceptable condition.
Department
Financial Services and Utilities
Branch
Corporate Strategic Planning
Time Frame
Date Made Public
September 22, 2015
Update Frequency
Annually
Automated or Manual
Manual
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