Courteany City Council adopted an Asset Management Policy in June 2015.
The Asset Management for Sustainable Service Delivery: A BC Framework manual provides guidance to local governments working toward asset management best practices:
"Sustainable Service Delivery involves ensuring that current community service needs and how those services are delivered (in a socially, economically and environmentally responsible manner), do not compromise the ability of future generations to meet their own needs."
Communities build and maintain infrastructure to provide services that support citizens’ quality of life, protect our health and safety, and promote social, economic and environmental well-being.
Failure to care for our infrastructure, manage our natural resources and protect the benefits which are provided by nature risks degrading, or even losing, the services communities enjoy, for current and future generations.
Sound Asset Management practices are also considered by the federal and provincial governments when allocating funding to local governments thorugh the Federal Gas Tax Fund.