Meeting papers

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 parks and playgrounds play a vital role in the services provided to the community across
the Noosa Shire. There is approximately 2,000 parks and playgrounds assets on Council’s financial
register considered in this Asset Management Plan (AMP). These assets have a current
replacement value of $25m, equating to approximately 2% of Council’s financial assets.

Operational and maintenance activities are fundamental for the ongoing management of the parks
and playgrounds; it is considered an investment not a liability. The parks and playgrounds 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 parks and
playgrounds 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 parks and playgrounds assets.

The capital, operational and maintenance expenses for parks and playgrounds make up
approximately 3% of the $94m annual budget. The capital works program fluctuates from year to
year, however, the 2021/22 capital works program the capital investment of $4.6m for parks and
playgrounds equates to 14% of the $31.1m capital works program.

The mitigation of risks is fundamental in the management of parks and playgrounds assets for
Council to make informed decisions. With the focus placed on consistent cyclical inspections across
all parks and playgrounds 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 parks and playgrounds assets.

This parks and playgrounds 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 parks
and Playgrounds 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 parks and playgrounds has been
established. The provision of parks and playgrounds is, therefore, a significant pillar of the
infrastructure services provided by Council.




Asset Management Plan: Parks and Playgrounds                                                     Page 3

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