Asset Management Planning documents when combined with Council’s Long-Term Financial Plan and Council’s Workforce Management Plan, form Council’s Resourcing Strategy. The Resourcing Strategy informs the community, and the State Government, on resources required to fulfil the Community Strategic Plan. The development of a long-term resourcing strategy is a requirement of section 403 of the Local Government Act 1993 and mandated by the ‘Integrated Planning & Reporting Guidelines’ from the Office of Local Government.
Asset management is an internationally recognised approach to the sustainable management of built infrastructure and services. It is concerned with the financial, social and environmental sustainability of delivering services for our communities and the International Standard on Asset Management ISO 55000 defines asset management as:
“the coordinated activity of an organisation to realise value from assets”.
Good asset management maintains an understanding of the cost, risk and performance trade-offs in the short, medium and long-term, when making decisions regarding community owned infrastructure assets.
Asset management is about ensuring the delivery of services that the community values today – whilst delivering certainty for the generations of tomorrow.
Council’s Asset Management Strategy describes how the physical assets and asset management activities are utilised and managed to realise the vision and objectives outlined in the Community Strategic Plan and thereby deliver the service outcomes sought by Council’s stakeholders. It also provides strategic direction and guidance for Council’s numerous tactical and operational plans, including asset class-specific Asset Management Plans. The Asset Management Plans are long-term plans that outline the assets required for each service provided by an entity, the expected service level to be provided from these assets, and most importantly, what funds are required to ensure that the services that these assets provide to the community can continue to be provided well into the future.
Council’s suite of Asset Management documents can be found here:
Asset Management Policy(PDF, 103KB)
Asset Management Strategy(PDF, 922KB)
Asset Management Plan – Roads(PDF, 2MB)
Asset Management Plan – Roads – Appendices(PDF, 5MB)
Asset Management Plan - Buildings(PDF, 772KB)
Asset Management Plan – Other Structures(PDF, 1MB)