2018-08-07 S&O Agenda - Att 1 to Item 1 - Draft Bridges Asset Management Plan

                         Replacement cost for Bridge Conditions by Primary
                                             Material
        $70,000,000.00


        $60,000,000.00


        $50,000,000.00


        $40,000,000.00


        $30,000,000.00


        $20,000,000.00


        $10,000,000.00


                $0.00
                                        Concrete                                    Timber

                                                   1   2    3   4    5


Figure 2: Bridge Asset Condition by Replacement Costs

4.4     Operations
Operational costs for the Bridges are those expenses not specifically targeted towards upgrade,
replacement, maintenance or restoration. These day-to-day operational costs have no effect on
bridge conditions but are necessary to keep the management of bridge assets appropriately utilised
and operating within the organisation.

Typical operational activities include:
•    Utility costs.
•    Salaries.
•    Depreciation.
•    Staff training.

               Actual        Actual       Actual           Budget        Budget      Forecast   Forecast
 Year          2014/15       2015/16      2016/17          2017/18       2018/19     2019/20    2020/21
 Operating      $278,392     $450,409      $315,015        $341,840      $324,826    $340,871   $341,991
               Forecast      Forecast     Forecast         Forecast      Forecast    Forecast   Forecast
 Year          2021/22       2022/23      2023/24          2024/25       2025/26     2026/27    2027/28
 Operating     $343,114 $344,240 $345,370 $346,502 $347,638 $348,776                            $349,918


Table 4: Road Bridges Annual Operations Expenditures (actuals and forecasted budget)


It is estimated that operational costs will rise in the future with increasing overheads and safety costs;
particularly the additional use of plant & equipment. Noosa Council will consider various sustainability
measures to minimise the increase in operational costs.



Asset Management Plan: Road Bridges                                                                   Page 11