Here are three facts you need to know about the City of Kimberley’s Infrastructure Deficit:

1. One of council’s 2015-2018 Strategic Priorities is Infrastructure Renewal – to increase the city’s investment in infrastructure to be equal to or greater than the rate of depreciation.  In 2016, the city received a grant to conduct an Asset Management Investment Plan (AMIP).  The AMIP report calculated an Infrastructure Deficit of $73 million. Infrastructure Deficit is defined as city assets that had passed their theoretical service life (estimated lifespan) but were still providing service to the community.

2. The expected remaining life of the city’s asset categories are as follows: SunMine (pictured) – 96%; Roadways – 50%; Stormwater System – 44%; Wastewater System – 43%; Buildings – 41%; Parks – 41%; Water System – 40%; and Vehicles and Equipment – 18%. Aside from the SunMine, the asset category in the best condition is the city’s roads, bridges, sidewalks, trails, parking lots, and streetlights at 50%.

3. The AMIP report calculates the Average Annual Life Cycle Investment (needed to sustain existing infrastructure over the next 20 years) is $8.2M per year.  The city invested $6.7M into the infrastructure in 2015; $7.5M in 2016, and has budgeted $8.6M in 2017.

You can view the June 2016 Asset Management Investment Plan that was prepared by Urban Systems for the City of Kimberley on our website.

City of Kimberley

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