Management Improvement Plan

1

Continue to develop transparent and responsible asset management processes that align with best practice.

Convey consistency across the Asset Management Strategy, Asset Management Plan, Long Term Financial Plan, Asset Systems, data collection, condition reporting and service levels.

Review Asset Accounting Policy, Asset Management Policy, Strategy and Asset Management Plans for each asset class

3 Advocate to ensure the sustainability, transparency and intergenerational equity of community infrastructure

Councillors and Council officers will continue to advocate for consistent asset management practices.

Councillors ET MSP High Ongoing

4 Review end-to-end asset accounting processes from planning, operating to renewal phases. CFO, MSP High 23/24

5 Develop the 10-year Capital Works Program Develop the 10-year Capital Works Program and include disposal plan.

A new dedicated team will deliver updated asset management plans for the four asset classes with a 10-year outlook

- Transport

- Open Space

- Buildings

- Stormwater

MSP, CAM High 23/24

CAM AS High 23/24

Review processes for making capital investment decisions. To be driven by Council’s strategic long term planning documents, Long Term Financial Plan and Community Strategic Plan. Explicitly detail the impact on the future operations and maintenance budgets, “whole of life” costs and risk management assessments

The Georges River Asset Management Steering Committee will make recommendations to the Executive regarding capital investment decisions. This will include the approval of asset management plans and 10year capital works program.

The Project Review Committee was also established in 2022.

AMSC High Ongoing