Operationalizing and Integrating AM – Part 1 (AM 401.1)

Operationalizing and Integrating AM – Part 1 (AM 401.1)
Operationalizing and Integrating Asset Management – Part 1: Integrating AM with Financial Processes

As part of the ongoing Asset Management training series, the following outlines a NEW training session from the recently launched Asset Management Roadmap 3.0.

Asset management interacts with other related organizational processes, including budgeting and financial planning. Changes to one process could impact other processes. The Ontario asset management regulation requires that municipalities document a process for how the AM plan is to be considered in the development of the annual budget and any applicable long-term financial plans, as well as a process to ensure AM planning would be aligned with water and wastewater financial plans, including any financial plans prepared under the Safe Drinking Water Act, 2002.  This session provides guidance on integrating asset management planning with capital and operating budgets and financial planning. 

Speakers:

Andrew Mirabella, Associate Partner, Hemson
Andrew Mirabella is an Associate Partner with over ten years of professional experience at Hemson. Andrew has a comprehensive understanding of municipal user fees, asset management and development charge policy and implementation. Mr. Mirabella also has experience in other fields, including: water and sewer rate setting exercises, financial impact assessment, development planning, and growth management. Andrew is a member of both the Association of Ontario Land Economists and Lambda Alpha International (LAI).

Christopher Balette, Associate, Hemson
Christopher Balette is an Associate at Hemson. With nearly a decade of experience in municipal finance and economics, Christopher has developed several asset management plans for municipalities across Ontario. Christopher is also an expert in municipal long-range financial planning, water and wastewater rate setting and fiscal impact analyses with significant experience developing complex financial models for municipalities. Christopher is a Professional Land Economist and member of the Association of Ontario Land Economists.
When
7/16/2025 12:00 PM - 1:00 PM
Where
Online

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