As conduits for commerce and connections to vital services, roads and bridges are some of the most important assets in any community, and other assets like culverts, traffic signs, traffic signals, and utilities support and affect roads and bridges. The Gogebic County Road Commission’s (GCRC) roads, bridges, and support systems are also some of the most valuable and extensive public assets, all of which are paid for with taxes collected from ordinary citizens and businesses. The cost of building and maintaining these assets, their importance to society, and the investment made by taxpayers all place a high level of responsibility on local agencies to plan, build, and maintain roads, bridges, and support assets in an efficient and effective manner. This asset management plan is intended to report on how GCRC is meeting its obligations to maintain the public assets for which it is responsible.
This plan identifies GCRC’s assets and condition and how GCRC maintains and plans to improve the overall condition of those assets. An asset management plan is required by Michigan Public Act 325 of 2018, and this document represents fulfillment of some of GCRC’s obligations towards meeting these requirements. However, this plan and its supporting documents are intended to be much more than a fulfillment of required reporting. This asset management plan helps to demonstrate GCRC’s responsible use of public funds by providing elected and appointed officials as well as the general public with the inventory and condition information of GCRC’s assets, and it gives taxpayers the information they need to make informed decisions about investing in GCRC’s essential transportation infrastructure.