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Jun 2012 | THE JUNE 2012 ISSUE

Integrating Asset Management Into Corporate Decision Making: The Case of the Region of Peel, Ontario
Leanne Brannigan, Project Manager, Corporate Asset Management, Region of Peel

CONTEXT

Infrastructure state of good repair and availability of sustainable funding are at the forefront of municipal asset management. The Public Sector Accounting Board (PSAB) has made efforts through Tangible Capital Asset Accounting (TCAA) to direct public organizations to recognize and evaluate these issues. But what can be done to go a step further and apply all of the information from the service programs that are managing their assets, collecting data, evaluating their risks, maintaining and replacing their infrastructure? What does this mean to the direction of the organization as a whole? How can program processes and information that is being managed in silos be translated into organizational decision making, and how can the information in turn be used to objectively support program needs?

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