Municipal Infrastructure Management System
Encyclopedia
A Municipal Infrastructure Management System (MIMS) is a system used by municipal governments in Canada to record and analyze their infrastructure
assets.
The infrastructure assets are recorded and analyzed based on a number of characteristics, such as:
MIMS have been created by many municipalities http://www.albertamims.org/ due to the CICA's new PS 3150 http://www.psab-ccsp.ca/index.cfm/ci_id/35486/la_id/1.htm, a regulation requiring municipal governments to record and amortize all of their tangible capital assets
for the fiscal reporting year of 2009.
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
assets.
The infrastructure assets are recorded and analyzed based on a number of characteristics, such as:
- Type (roads, bridges, parks)
- Age
- Condition
- Value
MIMS have been created by many municipalities http://www.albertamims.org/ due to the CICA's new PS 3150 http://www.psab-ccsp.ca/index.cfm/ci_id/35486/la_id/1.htm, a regulation requiring municipal governments to record and amortize all of their tangible capital assets
for the fiscal reporting year of 2009.