volume 1 - Halifax Regional Municipality

Halifax Water Integrated Resource Plan
Recommended IRP and Analysis
Table 6.2 shows the results of the end-of-period value analysis. The current asset value
is estimated as $3,838 million ($2012). Comparison of the A, B and C levels of asset
renewal show an approximately $600 million difference in end-of-period value across
the levels. The A level asset renewal combined with the timing and scale of the
Recommended IRP capital additions results in an increased end-of-period value of
$1,037 million. In contrast, the C level asset renewal combined with the timing and scale
of the Recommended IRP capital additions results in an increased end-of-period value of
$419 million. End-of-period asset value increases in all cases for the wastewater system
showing the impact of the large capital additions over the 30-year period. Water system
end-of-period asset value increases only for the A level asset renewal while the
stormwater system end-of-period value stays about the same for all cases with a decline
of $128 million in asset value. The composite asset renewal program presents an endof-period
value a little less than the B level plus Recommended IRP capital program. The
composite asset renewal is part of the overall Recommended IRP with an increase in
end-of-period value of $729 million or about 19% of current asset value.
Table 6.2 End-Of-Period Value Analysis ($ million 2012)
Asset Renewal
Level/Plan
Asset System
Starting Asset
Value
End-of-Period
Value
Change In
Asset Value
Water $1,247 $1,379 +$132
A Level Asset Renewal Plus
Recommended IRP Capital
Expenditures
Wastewater $1,774 $2,807 +$1,033
Stormwater $817 $689 -$128
Total $3,838 $4,875 +$1,037
Water $1,247 $1,243 -$4
B Level Asset Renewal Plus
Recommended IRP Capital
Expenditures
Wastewater $1,774 $2,711 +$937
Stormwater $817 $689 -$128
Total $3,838 $4,643 +$805
Water $1,247 $1,127 -$120
C Level Asset Renewal Plus
Recommended IRP Capital
Expenditures
Wastewater $1,774 $2,441 +$667
Stormwater $817 $689 -$128
Total $3,838 $4,257 +$419
Composite Asset Renewal
Plus Recommended IRP
Capital Expenditures
(Recommended IRP Plan)
Water $1,247 $1,161 -$86
Wastewater $1,774 $2,717 +$943
Stormwater $817 $689 -$128
Total $3,838 $4,567 +$729
Revision: 2012-10-29 Integrated Resource Plan 86
October 31 2012 Page 119 of 272