Asset Management Plan

cost per household
The purpose of an Asset Management Plan (AMP) is to better manage city facilities and equipment by defining a community’s individual infrastructure needs and developing meaningful, intelligent strategies to meet them. This information shapes the annual budgeting process by defining current needs and anticipating repairs, acquisitions, and improvements the will be necessary in coming years.

The City of Kennedale's AMPPDF Icon was created through a partnership with Public Sector Digest and the UTA School of Urban and Public Affairs

The Public Sector Digest Methodology
An intelligent AMP will fulfill at least two purposes. First, it will use available infrastructure data to develop financial strategies through the lifecycle of community infrastructure. Second, the AMP will allow public works personnel to make data-backed decisions to optimize available funding. This way, important assets continue to function at their established levels of service without significant interruptions. 

The implementation of an AMP involves collaboration between finance, planning, public works, and city management.
The AMP Includes
Current State of Infrastructure
  • Inventory Data
  • Deterioration Models
  • Financial Data
  • Asset Rating Criteria
  • InfrastructureReport Card 

Levels of Service
  • Key Performance Indicators
  • Examples of Performance Measures
  • Benchmarking Initiatives
  • Public Engagement and Levels of Service

Asset Management Strategy
  • Non-infrastructure Solutions and Requirements
  • Life-cycle Management Review
  • Growth and Demand 
  • Other Future Trends
  • Project Prioritization and Risk Matrix

Financial Strategy and Plan
  • Capital Planning Analysis