Asset Management BC Newsletter (Winter 2015): The Renewed Gas Tax Agreement and Asset Management, Part Two
Note to Reader:
Asset Management BC is a Champion Supporter of the Partnership for Water Sustainability in British Columbia. Similarly, the Partnership is a supporter of Asset Management BC. The feature story below is extracted from the Winter 2015 issue of the Asset Management BC Newsletter. To download a copy, click here.
The Champion Supporter designation allows the Partnership to formally recognize agencies and organizations that provide substantial financial and/or in-kind support that in turn enables the Partnership to develop tools and deliver programs under the umbrella of the Water Sustainability Action Plan for British Columbia. Asset Management BC has provided frequent opportunities for the Partnership to “tell the Action Plan story” in the Asset Management BC Newsletter.
Asset Management for Sustainable Service Delivery – A BC Framework
“On May 22, 2014, it was announced that the Administrative Agreement on the Federal Gas Tax Fund in British Columbia (the GTA) had been signed between Canada, British Columbia and UBCM, taking effect as of April 1, 2014. The GTA provides the administrative framework for the delivery of federal Gas Tax funding to British Columbia local governments and other recipients over the next ten years,” wrote Glen Brown, General Manager (Victoria Operations), Union of BC Municipalities.
“Within the GTA, it is clearly articulated that asset management, and its implementation by local governments, is a priority by all parties. There is recognition by all levels of government that asset management is integral in providing local government services, and managing the infrastructure needed to support those services, in a sustainable manner.”
“With approval from the GTA Partnership Committee, UBCM, in partnership with Asset Management BC and the Province, developed “Asset Management for Sustainable Service Delivery – a BC Framework” (the Framework) that fulfills the requirements of the GTA, but also serves as a stand-alone document that provides strategic direction for asset management and its implementation in BC.”
To Learn More:
To download a PDF copy and read the complete article in the Winter 2015 issue, click on Asset Management BC Newsletter – Issue No. 13 (February 2015)
Released in December 2014, Asset Management for Sustainable Service Delivery: A BC Framework is a landmark development.