Survey of Asset Management
The Town of Smiths Falls has completed its first Asset management Plan and has posted the documents on line and are available at Town hall for review and comment.
State of the Infrastructure defines our assets outside and provides a brief synopsis of our building and equipment. The Town has to provide this document, as a first phase, in relation to our perspective Business Plans for each department going forward; we must denote our needs and financial requirements both legislated and non legislated. The Provincial/ Federal government has reduced its funding to all communities and we have to manage what we have through other financial means.
Due to the age of our infrastructure and the populous of Smiths Falls; the assets we have are difficult to sustain without the prioritization of need, defining condition, component life cycle and replacement/ rehabilitation as well as financial requirement. The Town is currently updating it's Official and Sustainability Plans to address our future needs. To address some of our financial shortfalls, we have currently proposed increases in taxes and water rates to establish funds to move forward with operations as well as Capital projects.
The following questions are being asked to determine what you feel, as a resident tax payer, about the Town’s priorities and what you think we need as a community to sustain ourselves.
This survey will close on Apr. 15, 2014