Belleville Asset Management Levels of Service

June 12, 2024 – Asset Management Plan – Current Levels of Service

80% of Belleville assets in fair or better condition

The graph summarizes the replacement value and the distribution of physical condition of the City’s asset portfolio, organized by service area. The City’s assets are generally in good condition, with roughly 80% percent of the City’s assets in fair or better condition.

Maintaining current levels of service requires $39.62M funding shortfall

The City has defined asset lifecycle activities specific to each asset category. The study estimates that the activities required to maintain the City’s current levels of service will cost the City $211.99 million per year. Based on historical budgets, the average annual funding available is estimated at $172.37 million, yielding a current infrastructure gap of $39.62 million per year.

Managing this gap is achieved through:

• Increased Funding
• Accepting Lower Level of Service
• Accepting Increased Risk

Funding increases would need to be:

• 25.54% immediate tax levy increase, or 2.3% annual increase
• 64.80% immediate Wastewater user rate increase, or 5.13% annual increase
• 18.23% immediate Parking user rate increase, or 1.69% annual increase

In the 2022 AMP, the funding gap to maintain current levels of service was estimated at $56.7 million per year. With increased funding levels over the past 3-years and improved data quality being used to formulate projections, the City has taken significant strides in managing the infrastructure gap to maintain levels of service. These efforts have resulted in a roughly $17 million reduction to the annual infrastructure gap.