2014-09-22 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                    22 September 2014


       2. Asset Planning
             a. A focus on risk, demand, community benefit and whole of life costs in the
                 management of assets:
             b. The allocation of sufficient resources for the development and ongoing review of
                 asset strategies and plans; and
             c. The establishment of an asset management framework that provides inputs
                 directly into Council’s budget and financial forecasts.

       3. Decision Making
             a. That decisions are evidenced based and utilise the asset information to ensure
                 consideration of the asset risks and life-cycle benefits for the community:
             b. To ensure that Council’s assets are managed in a systematic and sustainable
                 manner based on agreed levels of service; and
             c. That minimum asset sustainability targets are met.

       4. Capital Planning
             a. That opportunities are maximised in the utilisation of asset management systems
                  through the expansion of the systems functionality where benefits outweigh costs;
                  and
             b. There is an integrated approach in acquiring, disposing and renewing assets that
                  ensures transparency and evaluates life cycle management of assets.


ROLES AND RESPONSIBILITIES

Asset management requires a whole of Council approach and is the responsibility of the
Leadership Team and staff. Specific asset class ownership is detailed in the Asset Responsibility
Matrix.

The Asset Management Team (AMT) is a cross Council management team that operates to
maintain, coordinate, advise and facilitate the implementation of asset management strategies
and plans.

The AMT will report on a periodic basis to the Leadership Team and Council as required.



RELEVANT LEGISLATION

Local Government Act 2009
Local Government Regulation 2012




Version control:
 Version       Reason/ Trigger               Change (Y/N)   Endorsed/ Reviewed by       Date

 1.0           Initial policy                N              Council


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