Cornwall hears its assets are performing better than funding suggests

Cornwall council heard Monday that the city’s assets are currently outperforming the annual funding amount that is being allocated to maintain them.If Cornwall wants to maintain its current levels of service, its asset-management progress report indicates the current funding of $33.5 million per year falls short of a $52.6-million target identified to sustain its infrastructure. The recommended annual spend to reach proposed levels of service is $63.5 million. This represents a funding ga