2017-09-12 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA   12 SEPTEMBER 2017




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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                           12 SEPTEMBER 2017

                                                                                            Noosa Council
                                                                           Strategic Asset Management Plan

                  2.     ASSET MANAGEMENT AND LOCAL GOVERNMENTS
                         Under the Local Government Act 2009 (the Act) and the Local Government
                         Regulation 2012 Noosa Council has a wide range of responsibilities related to the
                         provision and management of infrastructure. The Act provides the legal framework
                         to assist Local Governments in providing an efficient and effective infrastructure
                         system.
                         The fact that Local Government customers are levied a fee for provision of
                         community services and that these services are often provided via infrastructure
                         assets, means that the asset management practices of Local Governments are also
                         of interest to economic regulators. Consistency and transparency of the planning
                         processes and management approach Local Governments take to infrastructure
                         assets is necessary to ensure that the investment decisions made are both prudent
                         and efficient.
                         The provision of infrastructure is considered one of the most important roles of
                         Local Governments, as they strive to provide a safe, liveable and functional
                         environment for their communities. A key consideration in this role, is the
                         assurance that important community infrastructure is managed in the most effective
                         and efficient manner and continues to meet the needs of the community, in both
                         the short and long-terms.
                  3.     PURPOSE OF THE STRATEGIC ASSET MANAGEMENT PLAN
                         The purpose of the Strategic Asset Management Plan is to:
                         ¢  Present a set of actions aimed at improving the asset management practices of
                            the "whole" organisation through:
                             -  Improved stewardship and accountability for assets;
                             -  Improved communication and relationships with asset stakeholders and
                                customers;
                             -  Improved identification and management of risk;
                             -  More effective utilisation of assets; and
                             -  Improved financial effectiveness.
                         ¢  Ensure that asset management practices are applied consistently across the
                             organisation and supported by an asset management roadmap to enable Council
                            to more effectively manage its assets now and into the future;
                         *  Enable Council to more effectively plan and fund its asset investment
                            programs;
                         ¢  Enable Council to competently deliver services to the community and other
                             asset stakeholders;
                         *  Enable Council to maintain its assets to the desired and stakcholder-tested
                             "level of service"
                         *  Bea “live” document that is reviewed and improved on a regular basis
                         Asset Management is a cyclic process, covering the full life of an asset. It seeks to
                         put in-place, a practical and financially responsible means of managing assets

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