Long Term Investment Plan
The LTIP report is intended to support the capital investment priorities set out in the 2022-23 Five-Year Capital Plan Submission(5 YCP) by highlighting and contextualizing information in the District Long-Range Facilities Plan (LRFP). In particular, the LTIP details the planning methodology used by the District to identify priorities for capital investment set out in the 5YCP in alignment with the mandate of the provincial Seismic Mitigation Program (SMP) which is to provide seismically safe schools to accommodate students as quickly and as cost effectively as possible. As the LTIP is a supplemental tool to communicate the road map to work towards the strategic goals in the District Long Range Facilities Plan, it will be appended to the LRFP.
In recognition of the unique challenges and opportunities facing the VSB, the LTIP serves the broader purpose of providing a framework to enhance equitable access to licensed childcare spaces in the Vancouver School District in conjunction with the SMP. The proposed school at the Olympic Village site stands out as an opportunity to address enrolment pressure in the area and provide space for 0-5 age daycare, and school age care at a single site. Further, as the LTIP evolves it will support a more systematic approach to reviewing opportunities that emerge from the VSB Land Asset Management strategy that aligns with affordable housing objectives of the government and the City of Vancouver.
Related Committee Meeting Reports:
- October 6, 2021, Facilities Committee Meeting - Long-Term Investment Plan (LTIP)