Asset Management Plan

Richmond Hill's mandate as a local government is to deliver a wide variety of services to our community.  Infrastructure assets, like buildings, roads, parks and water pipes are required to provide these services. All told, Richmond Hill has over 41,000 traditional infrastructure assets worth $1.85 billion, as well as 43,000 street trees and nearly 700 hectares of natural forest that need to be maintained and eventually replaced.

Richmond Hill has been managing infrastructure assets ever since the City was founded. Our Asset Management Plan provides a single document that describes what is being done to manage our assets, how well those actions are working and how much it will cost to maintain our assets and services. By bringing all of this information together, strengths and opportunities in the City's processes can be identified and strategies created to improve tomorrow's outcomes.

Richmond Hill's corporate Asset Management Plan was received by Council on December 12, 2016. The corporate Asset Management Plan gives direction to specific annual infrastructure investments through the Ten Year Capital Forecast.