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City presents parks asset management plan: $240 million in park assets, $3–4 million annual gap to maintain current service

2482999 · February 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff and consultants presented an asset management dashboard that inventories parks facilities and non‑facility assets and projects capital needs over 20 years, identifying an estimated $32M in facility improvements and $24M in non‑facility improvements.

Adam Firco, Parks asset management lead for the City of Ann Arbor, presented an update on a citywide parks asset management plan and a new dashboard that inventories and scores more than 5,000 park assets and projects 20‑year capital needs.

Firco said the system includes roughly $130 million in facility assets, $80 million in non‑facility assets and $30 million in bridges and dams—about $240 million in park assets overall. Initial findings…

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