Meeting papers

3.3    Climate Change Adaptation
Climate Change Adaptation initiatives will be another demand driver that will affect assets that are
located in coastal and foreshore areas. Consideration for tidal surge, rising sea levels and erosion
must be taken into consideration for future upgrades for those affected assets. Those assets can be
identified in the new coastal hazard layers created as part of Council’s development of a Climate
Change Adaptation Plan and viewed on Intramaps. They are located in the Development
Assessment module, under the ‘Coastal Hazards’ folder. Consultation with Council’s Program
Coordinator - Climate Change Adaptation should be undertaken for any assets within these zones.


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

These assets included in this AMP are summarised below:

o   Park Furniture (Seats, tables)
o   Park Infrastructure (BBQs)
o   Playground Equipment
o   Other Structures (Shelters)



4.2    Asset Valuation
The value of the parks and playgrounds Assets, at the end of the financial year 2021/2022 for the
purposes of this AMP is summarised below.


 Asset Values at 2021/22                                               Parks and playgrounds
 Current replacement cost                                                         $25,908,210
 Depreciable amount                                                               $25,908,210
 Depreciated replacement cost                                                     $12,262,692
 Annual depreciation expense                                                       $1,210,444

Table 1: Parks and playgrounds 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
      parks and playgrounds 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.


Asset Management Plan: Parks and Playgrounds                                                    Page 10

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