The Asset Management committee was disbanded February 26, 2019.  The tasks of the Asset Management committee were re-assigned to newly formed committees and to the Commissioners to insure continued progress for the VDOE.

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The Asset Management Committee's role is to catalog the assets of the Village District and create plans for the replacement and maintenance of all Village District assets.

In the past three years, this committee has made great progress, cataloging nearly all of the 477 cub-stop valves along with GPS locations: locating and recording nearly 140 isolation valves, 195 district culverts and creating documentation detailing water system assets. In addition to cataloging the information where possible, the data is mapped and tied to Madison’s tax map database to ensure that we have a single consistent base of information. Most importantly, this committee has created a multi-year CIP (capital improvement plan) with time lines and expected replacement times and costs.

The Commissioners use the information created by the Asset Management Committee in the creation of warrant articles and planning for the future. The multi-year capital equipment plan  includes:

• Trucks and Equipment
• Buildings
• Gravel Roads
• Asphalt Roads
• Water System pumps
• Water System Storage
• Water System SCADA (Supervisory Control and Data Acquisition)
• Electrical
• Financing and Distribution of costs to minimize impact.
• Schedule of CRF (Capital Reserve fund) Deposits

As of 2018, the Asset Management Committee's Capital Needs Plan covers the years 2018 through 2024. As of June 19, 2018, the Asset Management Committee will be sharing live working documents on the district website. Live documents are documents that will change and be updated on a regular basis.