Based on Asset Replacement Schedules for Gillies Bay Improvement District
Prepared by: AquaVic Water Solutions Inc.
This report is completed as part of a project undertaken during the period December 2011 through June of 2012 with the Gillies Bay Improvement District (GBID or the “District”). The goal of this project was to assist the District in determining long term infrastructure funding requirements for its water service area.
This was accomplished by first developing an asset replacement schedule (ARS) and then identifying a scenario for annual contributions for asset replacement (ACFAR) that supports long term sustainability.
Read the report Long Term Infrastructure Funding Requirements