Asset management

Through its participation in the MAV STEP program Council has developed a strategic approach to improving the way it manages its assets. Council has developed an Asset Management Policy.

This policy acknowledges that the provision of services is a care function of Council and the services are dependent on adequate assets. It has been identified that council's current level of funding is not sufficient to renew and maintain its assets to the standards needed to continue to deliver current service levels in the long term.

Council is developing a number of strategies to manage this infrastructure funding gap. Sustainable Asset Management Strategy 2011(PDF, 820KB)

Asset Management Plans for each asset management category are progressively being developed which address service levels and the long-term financial requirements of the assets.