Warman seeks funds for asset management plan

The City of Warman is developing an asset management plan for its municipal infrastructure, including roads, buildings, water supply and sanitation systems

The City of Warman is hoping the Federation of Canadian Municipalities (FCM) will provide a helping hand in creating an asset management plan.
Warman City Council adopted a resolution at its regular meeting on Monday, November 27 directing its civic administration to apply for a grant under the FCM’s Municipal Asset Management Program (MAMP). City Council also earmarked $10,500 from its 2018 budget toward the cost of this initiative.
In his report to council, Warman City Manager Bob Smith said if the grant application is successful, the city would still have to cover 20 per cent of the cost of the overall project. FCM would provide 80 per cent of the funding, up to a maximum of $50,000, for the cost of developing the plan.
Asset management plans allow municipalities to make informed investment decisions for infrastructure assets, including roads, buildings, water supply and sanitation systems. The goal is to deliver value for money while best serving citizens’ needs.
The city’s asset management proposal application focuses on the “core assets” owned by the municipality.
Smith said the initial application for funding to the FCM will cover the basic components like infrastructure. The scope of the asset management plan can be expanded as it becomes more firmly established, he added.
The federal government provides the overall funding for the FCM’s MAMP program, and the national organization administers those funds to its member municipalities, based on their applications.
Warman Mayor Sheryl Spence said it is important for the city to get its application in quickly, as there will be many cities and towns across the country also hoping to tap into the funds.
“We shouldn’t delay,” said Spence. “We want to have our application in so that we are not at the bottom of the list.”