ASSET MANAGEMENT FOR SUSTAINABLE SERVICE DELIVERY IN BRITISH COLUMBIA: “By taking the long-term view we strive to address the renewal, maintenance and replacement needs of our assets while maintaining affordability and reliability for future generations,” stated Andy Wardell, Co-Chair of the Asset Management BC Community-of-Practice, in the Winter 2021 Newsletter
“Financial health and providing for a long-term sustainable future are top priorities for local governments. This paper profiles two key financial indicators that are integral to how the District of North Vancouver measures service, financial and asset sustainability. As municipalities and their assets are the foundation on which our community standards of living are built, planning and reporting on key financial sustainability indicators is critical to our municipality’s long-term financial health,” stated Andy Wardell.