2019-07-09 S&O Agenda - Item 5 - Attachment 1 - Building and Facilities Asset Management Plan

4. Lifecycle Management Plan
4.1     Assets
Council’s buildings and facilities plays a vital role in the services provided to the community across
the Noosa Shire. There are many different asset types within the buildings and facilities asset
management plan, with various units of measurement.

These assets included in this AMP are summarised below:

o   Council Office & Depots
o   Sporting facilities
o   Community Facilities
o   Holiday Parks
o   Public Amenities
o   Leased buildings and facilities - Council owned
o   Community Halls
o   Libraries and Galleries
o   Waste Management – buildings and facilities


4.2     Asset Valuation
The value of the buildings and facilities Assets, at the end of the financial year 2016/2017 for the
purposes of this AMP is summarised below.


 Asset Values at 2017/18                                               Buildings and Facilities
 Current replacement cost                                              $ 82,034,000
 Depreciable amount                                                    $ 82,034,000
 Depreciated replacement cost                                          $ 61,958,000
 Annual depreciation expense                                           $ 1,463,000

Table 1: Buildings and facilities Asset Valuation


4.3     Asset Condition
Levels of service and asset management decision making is directly linked to asset condition; this
determines what condition the asset should be in before an asset management intervention. The
intent of current and future Condition Assessments (CA) is to:
•     Provide a robust and repeatable process for carrying out condition assessments on Council’s
      buildings and facilities assets;
•     Use condition assessments to develop programs for intervention with regards to further
      inspection, monitoring, maintenance and renewals;
•     Provide a basis for information for the modelling of condition data for likelihood of asset failure
      for those assets not inspected.

A consistent condition ranking scale has been chosen by Council as the framework for measuring
buildings and facilities assets, based on the 1 to 5 ranking according to the International
Infrastructure Management Manual (IIMM). Any asset scoring 4 (fair) to 5 (poor) will be considered
and prioritised under an asset specific renewal program.




Asset Management Plan: Buildings and Facilities                                                   Page 9