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

1. Executive Summary
Noosa Council is responsible for a diverse and extensive range of community assets which
represents a major investment over many years. To fulfil its objectives in delivering a variety of
services to the community, Council must ensure that the assets supporting these services are
managed in a way that guarantees an optimal balance of cost, risk and performance.

Council’s buildings and facilities play a vital role in the services provided to the community across
the Noosa Shire. There are approximately 1,279 building component assets on Council’s financial
register considered in this Asset Management Plan (AMP). The building and facility assets have a
current replacement value of $82m, equating to approximately 8% of Council’s financial assets.

Operational and maintenance activities are fundamental for the ongoing management of the
buildings and facilities; it is considered an investment not a liability. The buildings and facilities assets
rely on operational and maintenance costs for the serviceability of the assets identified in this plan.
These activities are a significant annual investment that directly influence the potential for buildings
and facilities assets to reach its intended service life. The ongoing development of asset knowledge
through asset inspections, improved maintenance activities, subsequent defect monitoring and
repairs are fundamental in developing sustainable intervention levels for renewals and replacement
of buildings and facilities assets.

The capital, operational and maintenance expenses for buildings and facilities make up
approximately 7% of the $90m annual budget. The capital works program fluctuates from year to
year, however, the 2018/19 capital works program the capital investment of $5m for buildings and
facilities equates to 17% of the $29.5m capital works program.

The mitigation of risks is fundamental in the management of buildings and facilities assets for Council
to make informed decisions. With the focus placed on consistent cyclical inspections across all
buildings and facilities and condition data accurately recorded in the Technology One - asset
management system (T1). This will be achieved by reconciling financial asset data, operational data
and inspection data to have a single point of truth for all buildings and facilities assets.

This buildings and facilities asset management plan (AMP) meets the objectives of the Noosa
Corporate Plan. Key focus areas under the Corporate Plan’s Theme 4: Long term planning for Noosa
Shire – includes: undertaking long term financial sustainability planning identifying asset
management outcomes and establishing functional Asset Management Plans for all Council asset
classes. These focus areas have been a major driver in the development of this AMP. The buildings
and facilities AMP provides the relevant information and organisational activities to ensure the
organisational objectives for asset management have been achieved and that the pathway for
continual improvement across all management activities for buildings and facilities has been
established. The provision of buildings and facilities is, therefore, a significant pillar of the
infrastructure services provided by Council.




Asset Management Plan: Buildings and Facilities                                                      Page 3