Sustainable asset management is about ensuring our assets are managed effectively to meet the needs of the community now, and into the future.
We own and manage more than 1 billion dollars worth of assets. These assets include roads, stormwater, bridges, parks and public buildings.
We have detailed 10-year capital works, plans based on things such as condition, location, risk, and future development. We plan well ahead for our upcoming works so that we spend our communities’ funds where they are needed, and we can set our asset management and financial goals for the long term.
These 10-year plans are continuously reviewed and refined as work is completed and new information is collected. It is important to keep track of changes to the condition of our assets, changing community needs and any new assets.
Our Strategic Asset Management Plan (Combined with Asset Management Strategy)
Our Strategic Asset Management Plan establishes a framework that will guide our planning, construction, maintenance and operations.
This means:
- We can maintain assets for the future at funding and service levels, consistent with our long-term plan.
- We can ensure that key asset management plans for transport, drainage, buildings, park and recreation assets.
- We will continuously improve our knowledge, skills and planning to better manage our assets into the future.