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Asset Management Framework

Continue to implement the Asset Management framework, including completion of the Strategic Asset Management Plan which includes a hierarchy for total management plans and functional asset management plans.

Quarterly updates

Q4 · On Track · April to June 2025 · latest

Council adopted the Strategic Asset Management Plan 2024-2030 at the Services and Organisation Committee Meeting 10 Dec 24. The ongoing implementation of the Asset Management Framework is monitored through Council Asset Management Steering Committee. Renewed focus required on Total Asset Management Plans and asset renewal schedules for under-represented assets.

Q3 · On Track · January to March 2025

Council adopted the Strategic Asset Management Plan 2024- 2030 at the Services and Organisation Committee Meeting 10 Dec 24. The ongoing implementation of the Asset Management Framework is monitored through Council Asset Management Steering Committee.

Q2 · On Track · October to December 2024

Council adopted the Strategic Asset Management Plan 2024- 2030 at the Services and Organisation Committee Meeting 10 Dec 24.

Q1 · On Track · July to September 2024

Strategic Asset Management Plan is well advanced and subject to final workshops with staff and Councillors scheduled for presentation to the Executive and Council in the coming quarter.

Where this sits

Initiative 5.8.1 is from the 2024–25 operational plan and works towards Excellence Objective 5.8: Asset management.

This initiative is from a past year and is no longer being updated.