Better data, acquisitions and inflation contributing to Chatham-Kent's asset replacement costs

The replacement costs of Chatham-Kent’s assets grew by $300 million since last year, but part of the reason for the increase is better data available, the municipality’s manager of asset and quality management told council recently. Sean Hilderley said at the July 13 council meeting that the cost to replace all municipal assets is $13.3 billion, up from $13.03 billion in 2025. These numbers represent what it would cost today to replace these assets, rather than the historical costs