Council adopts ten-year Asset Plan for the region

Council is responsible for over $2 billion in assets, including roads, footpaths, buildings, parks, drains, vehicles and technology. The plan explains how these assets will be acquired, maintained, renewed and, when necessary, replaced or disposed of. It balances serviceability, functionality and affordability to ensure the region’s assets are managed responsibly now and for future generations.

The document was developed following extensive community consultation alongside the 2025-2029 Council Plan and the 2025-2035 Financial Plan, with the Asset Management Policy also reviewed and updated as part of this process.

The final documents were presented at the October Council Meeting last week, with Council adopting both to ensure sustainable asset management for the next decade.

“Council owns and manages almost $2 billion of assets and offers over 100 services to the community. These assets include different types of facilities, infrastructure and living assets and are important features of our region which the community relies on every day,” Mayor, Councillor Shane Sali said.

“As our city and towns expand, our population rises and new estates are built, meaning the number of assets which Council owns has increased. Because of this, our existing assets need to be maintained, replaced, or disposed of when they reach the end of life.

“Our Asset Plan plays an integral role in this, outlining Council’s priorities for managing assets over the next decade, focusing on delivering efficient services for current and future generations. The plan will ensure cost-effective and reliable management is maintained throughout the lifecycle of our assets.”