Asset Management Planning

$2 billion

infrastructure portfolio

28

asset plans

Asset Management Planning has been strengthened through the delivery of a 10-year Asset Management Strategy and plans for 28 asset-based services. The Asset Management Policy, Strategy and Plans are integral documents in the Local Government Integrated Planning and Reporting Framework, informing the Long-Term Financial Plan and Workforce Management Plan.

Our asset management goals are to proactively manage our assets from a lowest whole-of-life cost perspective in accordance with recognised industry practice, whilst meeting agreed levels of service and continuing to improve our asset management systems.

To guide us forward, there are 12 key service asset management strategies emerging from the 2020/2021 planning process.

Key strategies

1. Service delivery expectations will be aligned with available funding so that the sustainable management of all required supporting assets is achieved.

2. Identify the levels of funding required to achieve a sustainable capital works program and assess the implications of different funding levels on levels of service.

3. A community consultation process consisting of service outputs, service levels and sustainable service costs will be developed and implemented.

4. Service Asset Plans will forecast demand and its effects on service delivery.

5. Adjust resources and invest in building capacity to deliver works programs.

6. Future organisational structures should focus on services provided rather than traditional approaches of grouping similar business units.

7. Maintenance required to minimise lifecycle cost is fully funded and reportable by service.

8. Renewal required to reduce and maintain the infrastructure backlog is fully funded and reportable by service.

9. New services and/or assets will only be approved where the full lifecycle cost of doing so has been evaluated and appropriate supporting budget allocations made.

10. Assets will be disposed of if they are not required to support service delivery.

11. Asset data and service information will be captured and improved.

12. Planning for future delivery of services will incorporate environmental sustainability.

We manage an infrastructure portfolio of $2 billion and a natural asset portfolio of $368 million to deliver 28 core asset-based services. The table below indicates the level of service, which is determined by the current quality, functionality, capacity, utilisation, location, accessibility and environmental performance of each of the services.

The desired level of service captures the balance between the services provided, the level of service the community expects and what the community is prepared to pay for.

Service Current level of service

Art Gallery Bushlands, Watercourses and Public Trees

Caravan Park

Cemeteries 

City Innovation and Sustainability  Civic Venues  Coast, Estuary and Wetlands  Community Buildings  Information Technology  Libraries and Learning  Museum  Property  Public Amenity  Public Art, Monuments and Memorials  Recreation – Beaches and Ocean Baths 

Service

Current level of service

Recreation – Inland Swim Centres  Recreation – Parks  Recreation – Playgrounds  Recreation – Sporting Facilities  Stormwater Drainage, Water Quality and Flood Planning  Support Services – Depot Operations  Support Services – Fleet and Plant  Transport – Bridges and Structures  Transport – Car Parking  Transport – Pathways  Transport – Public Domain Elements  Transport – Roads  Waste Management 

City Innovation and Sustainability

City Innovation and Sustainability is a new initiative implementing infrastructure into the future. It currently reflects the progressive development of digital and technology assets. The foundation technologies and platforms are primarily in design, deployment and commissioning phases, with full potential yet to be realised for either organisational capability or community benefit. For example, progressive deployment of public wi-fi is linked to smart pole installation, hence the service is currently available in pockets. The final outcome is city centre and priority local centres coverage. Likewise, the city fibre network currently being deployed will soon link CN buildings and provide a digital communications backbone to the city. The services that can operate on this fibre network are yet to be deployed. The service is moving towards a 5-star service delivery rating that will accurately reflect the quality and leading-edge nature of the city’s new embedded technology and data platforms.