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HomeMy WebLinkAboutFIN 08-26 Report to Executive Committee Report Number: FIN 08-26 Date: June 8, 2026 From: Stan Karwowski Director, Finance & Treasurer Subject: 2026 Corporate Asset Management Plan Update File: F-1000-001 Recommendation: 1. That Report FIN 08-26 regarding the 2026 Corporate Asset Management Plan Update be received; 2. That Council direct staff to continue monitoring and reporting annually on the City’s asset management Key Performance Indicators, implementation barriers, and strategies to address those barriers in accordance with Section 9 of Ontario Regulation 588/17; 3. That Council direct staff to continue refining the City’s long-term infrastructure funding strategy to reduce backlogs, manage risk, and support sustainable service delivery; and 4. That the appropriate officials of the City of Pickering be authorized to take the actions necessary to implement the recommendations in this report. 1.0 Executive Summary: The City has made significant progress in implementing its Asset Management Plan (AMP) by establishing measurable Key Performance Indicators (KPIs) across major service areas. The 2025 data provide Council with a clearer view of infrastructure condition, service performance, operational compliance, capital delivery, and long-term financial sustainability. Overall, the City is performing well in several operational areas, including inspections, maintenance compliance, fire asset readiness, climate restoration, and parts of capital renewal delivery. However, several metrics remain challenging, particularly in roads, structures, culvert inspections, facility condition, energy performance, and long-term funding alignment. As KPI targets have only just been set, in many cases it would not be possible to have met them yet. Future annual reports will show comparatives year over year as the City aims to meet these targets. The most important corporate risk remains financial. The City’s funding scenario analysis shows that delaying the recommended tax-supported infrastructure increases extend the FIN 08-26 June 8, 2026 Page 2 timeline to reach the estimated $136.8 million funding target from approximately 2035 to 2038. This delay increases the likelihood that infrastructure backlog, renewal costs, and service risks will grow over time. 2.0 Relationship to the Pickering Strategic Plan: The recommendations in this report respond to the Pickering Strategic Plan Corporate Key: Good Governance/Customer Service Excellence. 3.0 Financial Implications: The report provides a summary of the implementation of the City’s 2025 AMP. It identifies the need for the City to increase its annual funding by an additional levy increase of 1% annually from 2027 to 2030, and 3% annual increases thereafter to 2038 to reach the long-term funding objective. 4.0 Discussion: The purpose of this report is to provide Council with the City’s annual review of the asset management planning progress, as required under Section 9 of Ontario Regulation 588/17. The report summarizes the City’s recorded 2025 performance data, identifies areas where progress is being made, highlights areas requiring continued attention, and implementation barriers and response strategies. The findings are based on the City’s 2025 KPIs summary dashboard and post-AMP implementation monitoring work. 4.1 Data Governance KPIs and Calculation: • Data Maturity Index (DMI) Score: Measures completeness, accuracy, recency, and structure of asset data o Formula: Weighted DMI Score ▪ Road Corridor 88% ▪ Bridges & Culverts 79% ▪ Stormwater System 71% ▪ Buildings and Facilities 99% ▪ Parks 88% ▪ Other Infrastructure 65% Other Infrastructure includes Vehicles, Machinery & Equipment, Information Technology, Furniture & Fixtures, and Library Collection Materials. FIN 08-26 June 8, 2026 Page 3 Analysis: The Data Maturity Index is an important corporate measure because reliable asset management depends on complete, accurate, current (recent), and well-structured data. Even though, the current levels of data maturity are good, staff should continue strengthening asset data governance, especially for condition, replacement cost, lifecycle assumptions, and project status data. While these are very high scores, it assumes that the parameters of Completeness, Accuracy, Timeliness, Uniqueness, Connectivity, and Source Reliability, all have the same weight. 4.2 Road Corridor KPIs and Calculation: • Pavement Condition Index (PCI): Average network condition o Formula: Weighted network PCI Pavement Condition Index or Physical Condition Index (PCI), a road with a higher PCI is in better health than a road with a lower PCI score • Percent of Roads in Poor/Worse Condition: Portion of roads below condition threshold o Formula: (Value of Poor Roads ÷ Total Roads) × 100 FIN 08-26 June 8, 2026 Page 4 • Roads Backlog Value: Total unmet renewal needs o Formula: Sum of overdue renewal cost Analysis: The City has been actively working to implement the recommendations identified through the Road Needs Study while improving the accuracy, consistency, and completeness of road condition and lifecycle data, creating a more reliable foundation for future target setting, performance monitoring, and long-term investment planning. The road network remains below the desired PCI target of 70%, and the percentage of roads in poor or worse condition increased from 39.0% to 42.7%. Although, the reported backlog decreased significantly due to better data as a result of the updated Road Needs Study, the condition trend still shows pressure on the road network. This indicates that the City is improving it’s understanding and reporting of road needs, but sustained investment is still required. If road renewal is delayed, assets can move beyond cost-effective rehabilitation windows, increasing the likelihood of more expensive reconstruction. City Infrastructure and Operations staff maintain several comprehensive and detailed asset management databases, including GIS and spreadsheets, which catalog all active municipal FIN 08-26 June 8, 2026 Page 5 infrastructure assets. Roads represent the largest portion of these assets. The data is updated as required throughout the year, with annual adjustments made to the PCI based on asset age and condition. In 2025, a Road Needs Study was initiated, providing the City with an effective planning tool to guide the rehabilitation of road assets over the next five to ten years. Cost estimates are updated annually, further supporting the budgeting and prioritization of rehabilitation and reconstruction projects. The Road Needs Study focuses primarily on developing a cost-effective maintenance strategy and does not fully account for the long-term infrastructure needs of the road network. Additional factors such as above-average traffic volumes, excessive precipitation and flooding events, and repeated freeze-thaw cycles can accelerate roadway deterioration. Delaying rehabilitation efforts or investigative work may ultimately result in significantly higher costs when more extensive repairs or reconstruction become necessary. As a substantial portion of the City’s road network continues to age, increased rehabilitation and reconstruction work will be required in certain neighbourhoods. In some cases, roads have exceeded the threshold for rehabilitation and now require full reconstruction, including storm sewer replacement. 4.3 Bridges and Culverts KPIs and Calculation: • Ontario Structure Inspection Manual (OSIM) Inspection Completion Rate: % of inspections completed per required OSIM cycle. o Formula: (# Completed ÷ Total Required) × 100 FIN 08-26 June 8, 2026 Page 6 • % of Structures Meeting Bridge Condition Index (BCI) Threshold: Measures structural health against minimum acceptable condition (70) ○ Formula: (# ≥ Threshold ÷ Total Structures) × 100 • % of Recommended OSIM Repairs Completed: Tracks implementation of OSIM action items o Formula: (# Completed ÷ Total Recommendations) × 100 Analysis: The City is fully compliant with its OSIM inspection cycle, which is positive. However, only 53.8% of structures meet the BCI threshold of 70%, compared to a 75% target. In addition, FIN 08-26 June 8, 2026 Page 7 only 25% of recommended OSIM repairs were completed. This means the City is identifying structural needs, but repair implementation is lagging. If repairs are deferred, conditions may decline and future rehabilitation costs may increase. City Infrastructure maintains strong data on OSIM-regulated structures, which are inspected every two years. In many cases, the cost of repairing aging infrastructure exceeds available budget, and limited construction timelines add further challenges. City Infrastructure is currently planning to repair at least three culverts this year and two more next year. The OSIM inspection will also be completed this year, and the updated data will help inform decisions on future structure repairs. 4.4 Stormwater System KPIs and Calculation: • % of Catch Basins Cleaned in Last 4 Years: Measures backlog and coverage of catch basin maintenance o Formula: (# Cleaned in 4 yrs ÷ Total Basins) × 100 • Annual System Flushing Compliance: Tracks completion of required annual system flushing in urban areas o Formula: (# Urban Segments Flushed ÷ Total Urban Segments) × 100 FIN 08-26 June 8, 2026 Page 8 • % of Non-Structural Culverts Inspected: Tracks progress toward full culvert inspection coverage. Non-Structural Culverts are drainage conduits that do not support significant vehicle loads and are less than 3000mm in diameter or span o Formula: (# Inspected ÷ Total Culverts) × 100 • # of High-Risk Flooding Areas Addressed: Measures progress on resolving known flooding hotspots o Formula: Count FIN 08-26 June 8, 2026 Page 9 Analysis: Stormwater maintenance compliance is strong. The City met or exceeded annual flushing targets in each recorded year and achieved 100% catch basin cleaning coverage over the four-year cycle. The main gap is non-structural culvert inspection coverage, which was 10.8% against a 20% target. This creates a data and risk visibility issue. Culverts with unknown conditions may represent hidden infrastructure risk. City Infrastructure has recently completed an inventory of non-OSIM structures between 1.2 m and 3.0 m and is now reviewing the data for inconsistencies. Culverts smaller than 1.2 m have also been inventoried; however, they have not yet been categorized by lifecycle stage because construction dates were difficult to confirm. City Infrastructure is moving toward digital field data collection for storm culvert maintenance and inspections. Non-OSIM structures between 1.2 m and 3.0 m will be inspected every two years, alternating with OSIM reporting years. Additional CCTV inspections and flushing of underground storm sewers are also planned to improve understanding of overall system condition. 4.5 Buildings & Facilities KPIs and Calculation: • Facilities Condition Index (FCI) – Facilities Older Than 5 Years: Measures the FCI specifically for buildings older than 5 years to avoid skewing data with new builds o Formula: (Deferred Maintenance for Facilities >5 yrs ÷ Replacement Cost of Facilities >5 yrs) × 100 FIN 08-26 June 8, 2026 Page 10 A lower score represents that a building’s health is in good condition and requires minimal financial investment to fix • Facilities Energy Use Intensity: Tracks total energy use intensity attributed to municipal buildings o Formula: Total Energy Use / Size of Facilities • Facilities CO₂ Emissions Intensity: Tracks total greenhouse gas emissions intensity attributed to municipal buildings o Formula: Total CO₂ Emissions / Size of Facilities FIN 08-26 June 8, 2026 Page 11 Analysis: The City’s facility condition improved from 0.260 to 0.252 between 2024 and 2025. This is a positive trend but remains above the 2030 target of 0.230. FCI value also increases automatically every year as new lifecycle requirements enter the 5-year forecast period. Continued reinvestment is required to manage and prevent deferred maintenance from growing beyond sustainable thresholds. Deferred facility renewals can create backlogs leading to higher operating costs, emergency repairs, accessibility issues, energy inefficiency, and service disruption. Facilities Management & Construction staff maintain a separate, extensive and detailed asset management database, which breaks down all existing City facilities into their component systems, including both buildings and site-related infrastructure. Initial efforts to populate this database began in 2016. It is now complete, updated regularly throughout each fiscal year, and linked to industry-leading construction cost estimating data that also updates annually. It informs all Capital Budget submissions and forecasts for facilities capital projects provided for Council’s consideration. Source data is also verified annually, through the budget process and staff reviews, then supplemented by a broader audit cycle undertaken every five years. The contents of this database are also fully synchronized with separate macro level systems used for Corporate-level asset management, tracking and analysis. While FCI is a valuable metric for gauging individual facilities’ short-to-medium term financial needs, it does not address their overall lifespans. Major generational life cycles are typically around 25 years. Beyond each cycle, operating costs and risks will increase. Deferring the required renewals further increases these costs and risks. Aging assets are the most significant challenge facing the City’s existing facilities inventory. Four major facilities represent over two thirds of the overall value of this portfolio: Chestnut Hill FIN 08-26 June 8, 2026 Page 12 Developments Recreation Complex (built 1983), Pickering Civic Complex (built 1990), Operations Centre (built 2019), and Don Beer Arena (built 1970). Three of those are at, or beyond, their latest milestone lifecycle. They require long-term plans for their eventual revitalization, replacement and/or disposal. Both energy performance indicators are currently over their intended targets, which is common in an aging facility portfolio. There are often physical and practical limitations to the degree of improvement that can be achieved without extensive and expensive renovation. Energy performance has both financial and environmental implications. Higher energy intensity increases operating costs and may limit progress toward corporate climate objectives. The KPIs in this report have been set to conform with the objectives set out by the Council- approved Corporate Energy Management Plan (CEMP), including data collection and analysis to efficiently focus future capital investment. 4.6 Parks KPIs and Calculation: • Park Availability: Indicates total amount of accessible parking space relative to population o Formula: Total Park Area (m² or ha) ÷ Population (1,000) • % of Park Lighting Upgraded: Tracks progress in replacing older lighting with efficient modern systems o Formula: (# Upgraded Fixtures ÷ Total Fixtures) × 100 FIN 08-26 June 8, 2026 Page 13 • Playgrounds Replaced Annually: Measures ongoing renewal of aging playground assets o Formula: Count of playground replacements completed • Playground Inspection Compliance: % of playgrounds inspected per required cycle. o Formula: (# Inspected ÷ Total Playgrounds) × 100 Analysis: Parks performance is generally strong. Inspection compliance is 100%, and the City has established a planned annual playground replacement program. Park availability is slightly below target, and lighting upgrades are progressing toward a planned 5% year-over-year increase. As population grows, park availability should continue to be monitored closely. Park availability per capita will be directly influenced by the state of the economy and the rate of development within the city. New blocks of land typically become available for park construction nearing the completion and assumption of a subdivision, as these plots of land act as the staging areas, material storage and top-soil pile sites throughout the construction period of a subdivision. When development slows down due to an economic downturn, the timing for delivery of parks is directly affected. In downtown locations, where intensification is occurring, large plots of land are not readily available for parks to offset the increase in population at the FIN 08-26 June 8, 2026 Page 14 targeted rate. Pickering has a larger plot of land under its ownership in the north-west section of Seaton, dedicated to a future district park; however, its construction is not forecast until 2035, so shortfalls in the targeted amount of parkland per capita may also be experienced until its construction. The City replaces park pathways and sports field lights with more efficient LED fixtures as they reach their end of lifecycle, and not prior to that. There may be years when no fixture replacements are required if the remaining inventory of non-LED fixtures is still in good condition. Park lights are inspected annually as required by the Minimum Maintenance Standards to confirm that they are functioning, and replacement is determined based on the condition of the fixtures and poles. All lights reinstalled in existing parks and installed in new parks will include LED fixtures. The City has included, in its 10-year capital forecast, the replacement of three playgrounds per year. All playgrounds are inspected annually for CSA compliance. Based on the annual inspections, the City’s park inspector reviews the list of forecasted replacements and determines if the replacement priorities set are consistent with the current needs. This is based on the play structures’ physical condition, appearance, playability, and level of accessibility. Adjustments are made as necessary to the scheduling of replacements in the 10-year capital forecast prior to its annual approval. Three playgrounds were replaced in 2025: Lynn Heights Park, Bayshore Tot Lot, and Bonita Park. 4.7 Fleet KPIs and Calculation: • Lifecycle Replacement Compliance: 84% of fleet replaced on schedule o Formula: 16 Divided by 19 x 100 =84% (# Replaced on Time ÷ Total Replacements Due) × 100 FIN 08-26 June 8, 2026 Page 15 • Fleet Capital Spend Variance: Tracks over or underspending o Formula: (Actual Spend − Budget) ÷ Budget Analysis: Fleet capital spending appears to be within the acceptable variance target. However, lifecycle replacement compliance is 84%, meaning some replacements are not occurring on schedule. Fleet deferral may increase maintenance costs, downtime, service disruption, and future replacement pressure. Fleet staff routinely inspect vehicles and equipment to ensure all municipal assets are properly maintained and operationally ready when needed. During mandatory annual and semi-annual FIN 08-26 June 8, 2026 Page 16 inspections, technicians evaluate specific mechanical conditions to identify individual assets capable of operating beyond their typical lifecycle. Assets meeting the criteria for extension are managed through a dual-track optimization process, either by extending the life cycle for departmental use or by repurposing the asset within another branch of the City. Ontario's Municipal Buy Ontario Procurement Directive mandates a strict "Buy Canadian/Ontario" preference hierarchy for light-duty municipal fleet vehicles (under 4,500 kg) to strengthen domestic supply chains. Local governments must first prioritize vehicles manufactured in Ontario, followed by brands maintaining a significant provincial production footprint of at least 1,500 jobs, before they can seek global alternatives. Heavy duty emergency and transit vehicles are exempt from this strict hierarchy but require a domestic supply chain for contracts. Industry experts have predicted a capital budget increase of up to 10% due to narrowed competition in the light-duty vehicle class. While manufacturers have established assembly plants in Ontario, none of them are solely Canadian companies, making it hard to follow the strict guidelines set out by the procurement directive. 4.8 Fire KPIs and Calculation: • Self- Contained Breathing Apparatus (SCBA) Inspection Compliance: % of SCBA cylinders meeting inspection cycle o Formula: (# Inspected ÷ Total SCBA Units) × 100 • Response Time (Granular): Average response time by call type o Formula: Mean response time FIN 08-26 June 8, 2026 Page 17 • Fire Apparatus Lifecycle Compliance: Tracks age vs National Fire Protection Association (NFPA) lifecycle standards for fire vehicles o Formula: (# Compliant ÷ Total Apparatus) × 100 • % of Fire Equipment Inspected: Compliance with inspection/safety standards for all fire equipment FIN 08-26 June 8, 2026 Page 18 o Formula: (# Inspected ÷ Total Equipment) × 100 Analysis: Fire Services asset performance is strong overall. Apparatus lifecycle compliance is 100%, and most equipment categories achieved full inspection compliance. Fire hose compliance is slightly below target at 95%. Response times were considered acceptable from an NFPA standard standpoint. Fire Services does not have any data limitations affecting AMP implementation. Fire Services maintains a database for SCBA Cylinders. The cylinders have a 15-year life- cycle and a five-year inspection cycle. There were no inspections due in 2025. Fire Services works with City Infrastructure to annually review the Fire Apparatus Lifecycle and the City complied for 2025. The procurement process for fire apparatus is a challenge across the industry due to lengthy delivery times from the date of purchase. Prioritizing the procurement process for fire apparatus to start at the beginning of the year will improve the final delivery date. FIN 08-26 June 8, 2026 Page 19 Fire Services works with City Infrastructure to ensure annual testing and inspection is completed by third party vendors for ground ladders, aerial ladder devices, and fire pumps. This process has been in place for several years and has proven to be very effective, no system improvements required. Fire Services works with City Infrastructure to ensure Rescue Saws are inspected and maintained regularly throughout each year. This process has been in place for several years and has proven to be very effective, no system improvements required. Fire Services maintains a Fire Hose database. Annual inspection and testing in 2025 were 95%. The City has implemented a new internal process to improve annual inspection and testing with the goal to achieving 100%. Fire Services maintains a database for Specialized Rope, Water, and Ice Rescue Equipment. This equipment is inspected annually and after each use. Fire Services are planning to implement a new internal process to improve inspections. Results of the inspections will be included in Citywide, where applicable, for the purpose of updating conditions, estimated useful life, replacement date and for budgeting. 4.9 Growth KPIs and Calculation: • Intensification Target Achievement: Progress toward the 30-year intensification goal provided in Envision Durham. o Formula: (# Units Delivered ÷ Target) × 100. o Intensification Assumptions: a. Intensification means development of a property, site or area at a higher density than currently exists through: i. redevelopment, including the reuse of brownfield sites; ii. the development of vacant and/or underutilized lots within previously developed areas; iii. infill development; iv. additional residential units; and v. the expansion or conversion, including adaptive reuse, of existing buildings. b. For the purpose of this KPI, intensification is measured within the delineated built-up area (South Pickering Urban Area). Only occupied units and registered additional dwelling units within the South Pickering Urban Area are included in the calculation. FIN 08-26 June 8, 2026 Page 20 • Annual Intensification Target Achievement: Progress towards annual intensification target of 40% intensification rate o Formula: (# Occupied Units in 2025 ÷ Net Occupied Units in 2025) x 100 • Occupancy Rate by Area: City-wide residential growth performance o Formula: (# Newly Occupied Units in 2025 ÷ Total Units) × 100 FIN 08-26 June 8, 2026 Page 21 Analysis: Growth-related infrastructure demand remains significant. The majority of growth in 2025 occurred within the Duffin Heights, City Centre, and the Seaton Urban Area, which is consistent with the planned intensification areas and greenfield development areas in the Official Plan. Through Envision Durham, the Region of Durham has allocated an intensification target of 21,790 unit to Pickering by 2051, representing a 40% intensification rate. On an annual basis, FIN 08-26 June 8, 2026 Page 22 a minimum of 40% of all new residential units within the City should be constructed within the delineated built-up area (South Pickering Urban Area). The City achieved 39.5% of its residential growth through intensification in 2025, which is generally still in line with the intensification target. Occupancy rates measure the proportion of new occupied units in relations to existing units within a given area. The graphs indicate the highest proportion of residential growth within the Seaton Urban Area, compared to the rest of the City. As the City continues to grow, it creates additional demands and pressure on roads, parks, facilities, stormwater, fire services, and other municipal assets. Asset management implementation must continue to align growth planning with infrastructure capacity, lifecycle costs, and funding requirements. 4.10 Climate Resilience KPIs and Calculation: • % of Natural Assets Restored or Enhanced: Evaluates progress on climate resilience actions related to ecosystems and canopy cover (e.g., trees, naturalization, shoreline) o Formula: (# Naturalization / Restoration Projects Completed ÷ Total Planned) × 100 • # of Cooling Centre Days: Evaluates the City’s operational response to heat-related service needs and climate resilience. Analysis: The City achieved 100% completion for planned natural asset restoration or enhancement projects in 2025. This is a positive result and supports climate resilience, ecosystem function, and natural infrastructure objectives. In addition, cooling centres were activated for 22 days in 2025, demonstrating the City’s operational response to extreme heat events and its continued commitment to protecting community well-being during climate-related service pressures. Data limitations affecting the implementation and reporting of natural asset restoration within the AMP are as follows: FIN 08-26 June 8, 2026 Page 23 • A comprehensive natural asset inventory is not currently in place, limiting the availability of baseline data on the extent, condition, and value of assets such as trees, wetlands, and shorelines. • There is no standardized definition of “naturalization” or “restoration” projects across departments, which can affect reporting consistency. • This indicator is based on naturalization projects and community tree planting initiatives; boulevard tree plantings are not included, which may limit the completeness of canopy- related progress. • This indicator tracks project completion only and does not capture longer-term ecological outcomes. Consequently, it reflects implementation progress rather than overall ecological condition or performance. In consideration of these data limitations, staff will implement targeted data governance improvements to support more consistent reporting of natural asset restoration initiatives, in alignment with the City’s update to the 2012 Urban Forest Study. This includes applying more consistent definitions for naturalization and restoration projects, improving data coordination across departments, and maintaining a centralized approach to tracking project completion. Internal reviews will be undertaken to support data quality, with updates aligned to regular AMP reporting cycles. 4.11 Financial Strategy KPIs and Calculation: • Budget Utilization: Measures how budget has been utilized or committed from the total available budget o Formula: ((Actual Spend Projects + Commitments) ÷ Total Budget Available) × 100 FIN 08-26 June 8, 2026 Page 24 Others include items such as fencing and security cameras. • % of Projects Not Initiated Yet: Measures the projects that have not yet been initiated (zero spending). o Formula: (Value of Projects with Zero Spending ÷ Total Budget Available) × 100 FIN 08-26 June 8, 2026 Page 25 • % of Projects with No Activity for 12+ Months: Measures delays by identifying capital projects that have not progressed in over a year. o Formula: (Value Projects with No Activity > 12 Months ÷ Total Budget Available) × 100 FIN 08-26 June 8, 2026 Page 26 Analysis: Capital planning performance shows mixed results. Renewal projects show strong budget utilization at 84.5%, which is positive because renewal investment directly supports backlog reduction and risk mitigation. Growth projects show lower budget utilization of 44.9% and a high proportion of projects with no spending at 34.3%. This may reflect project timing, approvals, development dependency, design delays, procurement constraints, or capacity limitations. Renewal also has the highest percentage of projects with prior spending but no activity in 2025 at 5.3%, which is a result of many projects being put on hold in 2025 due to the introduction of US tariffs. FIN 08-26 June 8, 2026 Page 27 The graph compares two approaches to funding the infrastructure need through property taxation: • Scenario 1 reflects the recommendation in the previous year’s AMP, with a consistent 2.8% annual tax increase through 2035. At that point, taxation levels stabilize once the estimated funding target of approximately $136.8 million is reached. • Scenario 2 presents a phased alternative, with no increase in 2026.The AMP investment was paused for 2026 to reflect the need to balance property tax increases within the context of the current economic challenges. For the years from 2027 to 2030, a 1.0% increase is proposed and 3% annual increases thereafter to 2038. While this approach delays the timeline, it ultimately reaches the same long-term funding objective. The horizontal target line represents the estimated taxation level required to fully address the current infrastructure funding need. Delaying tax increases does not eliminate the infrastructure need. It does push the cost into future years while assets continue to deteriorate. This increases the risk of: • larger renewal backlogs; • higher future construction costs; • more assets moving from rehabilitation to full replacement; • service level decline; • emergency repairs; and • greater future tax pressure. FIN 08-26 June 8, 2026 Page 28 Historically, the development of the annual capital budget was based on an approach that considered asset management requirements and capital budget project requests (public feedback and/or “wants.”). Starting with the 2027 Capital Budget, City staff will be using the AMP as the foundation and/or building block for the annual capital and multi-year capital budget forecast. Ideally, both capital and operating budgets should be informed by the AMP, as it identifies the municipality’s infrastructure needs. There will still be public consultation phase with the Capital Budget, however, it will be anchored more with analysis and priority spending to support the investments required that translate, in the long run, the best “bang” for the property tax dollar. It is recognized that sometimes municipalities often face pressure to address urgent, immediate issues, which can lead to the deferral of long-term maintenance and asset renewal, even when the future financial consequences are well understood. During the next term, continued economic uncertainty could create a limited funding scenario, which could put pressure on the City to prioritize short-term operating pressures over capital rehabilitation projects and contributing to growing infrastructure deficits over time. 4.12 Overall Annual Review Based on the 2025 KPI results, the City is making measurable progress in implementing its AMP. The City has established a broad performance monitoring framework, created baseline measures, improved visibility into asset condition and service performance, and strengthened the connection between infrastructure data and capital planning. However, the annual review also shows that several service areas remain below target, including roads, structures, culvert inspections, facility condition, fleet lifecycle replacement, and energy performance. The most significant implementation risk is financial. If the City delays the recommended AMP funding increases, the infrastructure funding target is reached later, and the City becomes more exposed to backlog growth, accelerated deterioration, and higher future renewal costs. Prepared By: Blaine Attwood, Supervisor, Capital Assets Prepared By: Jesse Barker, Senior Coordinator, Asset Management Prepared By: Jason Bekramchand, Senior Budget & Financial Analyst Prepared By: Ziya Cao, Planner II Prepared By: Matt Currer, Manager, Fleet & Roads Operations Prepared By: Melanie Edmond, Coordinator, Sustainability Prepared By: Dean Jacobs, Manager, Policy & Geomatics FIN 08-26 June 8, 2026 Page 29 Prepared By: Raghu Kumar, Senior Financial Analyst – Development Charges & Capital Management Prepared By: Irina Marouchko, Manager, Water Resources Prepared By: Arnold Mostert, Manager, Landscape & Parks Development Prepared By: Vince Plouffe, Division Head, Facilities Management & Construction Prepared By: Julie Robertson, Senior Financial Analyst – Asset Management Coordinator Prepared By: Jason Yoshida, Deputy Fire Chief Approved/Endorsed By: Stan Karwowski, Director, Finance & Treasurer Approved/Endorsed By: Kyle Bentley, Director, City Development & CBO Approved/Endorsed By: Stephen Boyd, Fire Chief Approved/Endorsed By: Laura Gibbs, Director, Community Services Approved/Endorsed By: Kevin Heathcote, Director, City Infrastructure Approved/Endorsed By: Richard Holborn, Director, Engineering Services SK:jsr Recommended for the consideration of Pickering City Council By: Marisa Carpino, M.A. Chief Administrative Officer