1 minute read
Parks & Sporting Grounds Asset Management Plan 2022-2032
1 Executive Summary
1.1 The purpose of the Plan
Advertisement
The purpose of this Parks and Sporting Grounds Asset Management Plan (PSGAMP) is to inform Inner West Council’s (Council) commitment to best practice asset management and provide principles for sound open space asset investment decision making.
The PSGAMP documents the overall integrated planning framework to guide and improve Council’s long-term strategic management of its parks and sporting grounds (open spaces) in order to cater for the community’s required levels of service into the future as detailed in Section 3.6 Level of Service. The PSGAMP defines the state of Council’s open space assets as at the 2022 Financial Year, the 10-year funding required to achieve Council’s adopted asset performance targets and planned asset management activities over a 10-year planning period.
This PSGAMP is to be read in conjunction with Council’s Asset Management Strategy.
1.2 Current State of Council’s Assets
The value of open space assets covered by this PSGAMP is estimated at $172.18M, as at 30th June 2021 and summarised in the following table:
