2014-09-22 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                            22 September 2014



                                                                                  Attachment 1



                                                                           Council Policy
                                                          ASSET MANAGEMENT

 Corporate Plan Reference:                   Looking after community assets

 Endorsed by Council:                        <Insert Date of Ordinary Meeting >

 Policy Author:                              Manager Asset Planning



POLICY BACKGROUND

Council is responsible for the management of a significant value of diverse infrastructure and
assets on behalf of the Noosa community. Council recognises that these assets must be
appropriately managed so that they can continue to deliver services to the community in a
sustainable manner into the future.

The network of infrastructure assets within the Noosa shire is relatively complete, with limited
growth expected into the future. However, there will always be a need to consider upgrades of
our infrastructure by replacing infrastructure with new modern standards - examples would
include timber bridges with culverts / concrete bridges and gravel roads with sealed road
surfaces. As such, Council’s priority will be to balance the need to maintain existing assets and
infrastructure to agreed service levels with the consideration of new assets and infrastructure.

Asset management is considered a key ongoing focus for Council and is at the centre of
Council’s overall long-term financial and strategic planning processes. Effective asset
management will assist Council in meeting its medium and longer term strategic and financial
sustainability objectives.

COUNCIL POLICY

This policy outlines Council’s strategic direction for the management of its infrastructure and
other associated assets. Effective asset management will be achieved through:

   1. Governance
         a. Support at the leadership level to promote the importance of asset management
            throughout the organisation;
           b. An asset management framework which ensures accountability for asset
              condition and performance with a whole of council approach to the continued
              improvement and development of asset management activities; and
           c. Ensuring the effective operation of the cross functional Asset Management Team
              (AMT).




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