FAQs

To understand the different assets and what they are for, we’ve grouped them into four asset classes – buildings, open space, stormwater and transport. 

Our building assets provide facilities for a range of community services. These assets include our sport and recreational facilities like grandstands and changerooms, the City’s Town Hall and Civic Centre, community centres, libraries, public toilets and places for recreation like our Swimming Centre.

Our open space assets are where our community meets, enhancing the liveability of our City and supporting healthy living through places for leisure and physical activity. These assets include playgrounds, sporting grounds, artwork, irrigation to green our City, smart city technologies and a variety of structures. 

Our stormwater assets help manage the quality and quantity of water runoff from rainfall, while protecting the community from flooding. These include our creeks, underground drainage networks, water systems that recycle stormwater to green our parks and reserves, and other stormwater infrastructure such as raingardens and tree inlets. 

Our transport assets connect people and places by providing an effective movement network to get you where you need to go efficiently and safely. These extend beyond our roads and include footpaths and cycling paths, kerb and water table, traffic control devices, street lighting and bridges.   

Please see the attached asset summary infographics.

We need to ensure we look after our assets in the most cost-effective way possible, both for current residents and future generations, at service levels which are understood and agreed to by the community. This is what we call asset management. 

Asset management planning allows us to understand how much an asset will cost throughout its life. This includes the creation of an asset, its upkeep, its eventual replacement, and how to dispose of the old asset responsibly.

We do all of this by ensuring we collect quality information about all our assets, such as their age, location, use, material, condition and value. 

Our Asset Management approach collates the information about our assets in a ten-year Asset Management Plan, which outlines both the financial and technical elements of managing each asset to support the delivery of services to our community. 

Asset Management Plans are part of our Council’s range of strategies which are identified in the Local Government Act, and this means they need to be reviewed in regular cycles every four years.

There is a clear need for a planned approach in the maintenance and delivery of infrastructure assets to ensure Council allocates its resources effectively and efficiently to meet its strategic objectives.

Asset management enhances the liveability of our City, while always aiming to meet the changing needs of our community. We know we need to continue to invest in assets and maintain them in a way that is logical and programmed, but also innovative, trying new approaches for greater efficiency.

Overall, Council’s assets are in good physical condition. Council undertakes condition assessments on each asset category every three to five years to ensure it keeps up to date records to inform our decision making. 

Condition is scored one a numeric scale, from 1-5 where: 

• Condition 1 is Very Good, 
• Condition 3 is Fair
• Condition 5 is Very Poor 

Summary of asset condition:

Here are some examples of asset condition:

Key financial information: