Asset Management Plans

Asset Management Plans

Council's Asset Management Policy sets out the framework for consistent and appropriate asset management practices, processes and systems throughout our local government area.

The Local Government Act 2009 requires that all Queensland councils develop and adopt long-term asset management plans that directly link to a long-term financial plan covering a minimum timeframe of ten years. These plans are crucial in allowing Council to best meet the challenges of securing asset, financial and community sustainability. 

Council has now developed asset management plans in accordance with the guidelines set out in the International Infrastructure Management Manual 2020 (IIMM 2020) for the following asset classes: Transport, Water, Sewer, Buildings & Other Structures.

These asset management plans:

  • identify asset quantities and asset age
  • give consideration to the whole of life costs of the asset and/or service
  • identify existing levels of service and any potential gaps which may exist
  • provide information on current and future maintenance (operational and capital work requirements)
  • identify the level of service that will be delivered by the asset and how the service will be monitored
  • identify funding needs on a short term and long term basis
  • provide guidance to develop programs to optimise the asset value and minimize funding commitments
  • provide the basis for long-term financial planning for assets under the custodianship of council
  • provide an improvement plan to follow.

Council's Asset Management Plans

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