Asset policy is now official

Mayor Chris Bilkey said the strategy provided council with a framework to improve asset management and maintain service levels.

“This document guides the process of evaluating the current condition of assets and infrastructure and the costs associated with maintaining them into the future,’’ he said. “Good management of our assets is essential so that we can provide safe, reliable and properly prioritised services to meet the needs of our community now and in the longer term.’’

The strategy provides a summary of the categories, quantity and value of council’s current assets, the condition of the assets and their governance arrangements.

The value of council’s assets exceeds $400 million, with roads and ancillary infrastructure, such as bridges and footpaths, accounting for almost 60 per cent of that total.