Asset Management Strategy 2022 - 2026

This AM Strategy will enable Council to:

• Demonstrate how its asset portfolio will meet the service delivery needs of its community into the future,

• Enable Council’s asset management policies to be achieved, and

• Ensure the integration of Council’s asset management practices with its long-term strategic plan.10

The goal of asset management is to ensure that services are provided:

• In the most cost-effective manner,

• Through the acquisition, maintenance, operation, renewal, and disposal of assets, and

• For present and future consumers.

The objective of the AM Strategy is to establish a framework to guide the planning, construction, maintenance, and operation of the infrastructure essential for Council to provide services to the community.

1.1 Planning and Asset Management Framework

The delivery of Council services to the community is guided by Council plans, policies and strategies. These also drive Council’s approach to asset management. Figure 1 illustrates Council’s planning and asset management framework