Asset Management
Asset Management

Why Strategic Asset Management Matters
Finance officers are now increasingly asking important questions about long-term financial planning and how it relates to asset management.
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Role of the Finance Officer in Capital Asset Management
Governments should extend the involvement of the finance director through all phases of asset management. Finance officers should be involved by understanding and providing information to support decisions.
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Capital Asset Management
Local, state and provincial governments should establish a system for assessing their capital assets and then appropriately plan and budget for any capital maintenance and replacement needs.
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Materials Library
GFOA's Materials Library features best practices, research reports, articles, publications, and more. GFOA members also have access to member-only content within the library.
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Strategies for Establishing Capital Asset Renewal and Replacement Reserve Policies
Learn MoreGovernments should adopt a written policy addressing capital asset reserve for renewal and replacement. The establishment of a capital asset reserve provides governments additional flexibility in a strong capital asset management program.
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Capital Planning and the DC Government
The municipal government of the District of Columbia (the “District”) is a leader in asset management and infrastructure renewal planning. This research explains the District’s approach through the lens of Financial Foundations for Thriving Communities.
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Capital Planning and the DC Government
On this Financial Foundations podcast, GFOA's Shayne Kavanagh talks with Darryl Street, David Clark, and Richard Dietz from DC Government about their leadership in asset management and infrastructure renewal planning.
Asset Management Competency Framework for Canadian Communities
Infrastructure asset management (AM) can help organizations navigate these challenges of an aging asset base, financial deficits, climate change, demographic changes, and more.
American Public Works Association (APWA)
APWA offers many resources on asset management
The Institute of Public Works Engineering Australasia (IPWEA)
GFOA members can access training on asset management provided by IPWEA