Draft Strategic Asset Management Policy
Adopted May 2023
We are inviting feedback on our draft Strategic Asset Management Policy.
An asset is a resource that has an economic (or capital) value, with the expectation that it will provide a benefit now and into the future for the community. Typically, assets include roads, buildings and playgrounds.
The Policy objectives include:
- Ensuring that services and infrastructure are provided in a sustainable manner, with the appropriate levels of service to residents, businesses, visitors, and the environment
- Developing and updating the Asset Management Strategy as the primary framework to maintain asset services for current and future generations
- Managing and safeguarding assets with appropriate asset management plans and financing
- Creating and sustaining a proactive asset management culture - an environment where all employees take an integral part in overall management of assets
- Meeting legislative requirements for asset management and processes that align with demonstrated best practice
- Ensuring resources and operational capabilities are identified and responsibility for asset management is allocated
- Assets are being recorded in accordance with asset accounting standards and financial reporting requirements.
The current policy was adopted by Council in 2019, and the revised draft has been updated:
- Section 1: Purpose amended to better reflect the intended Policy outcomes
- Section 3: Roles and Responsibilities amended to give greater clarity
- Sections 4 and 6: Inclusion of Risk Assessment and Guidelines sections to ensure a systematic and strategic approach
- Formatting updated.
View Documents
- Online under the 'Document for feedback' tab.
- Council’s Customer Service Centre at 62-64 Menangle Street, Picton
- Wollondilly Library in Picton at 42 Menangle Street
Provide Feedback
- Online via the feedback form below
- By email to council@wollondilly.nsw.gov.au quoting reference CM 14850
- By post addressed to the Chief Executive Officer, Wollondilly Shire Council, PO Box 21, Picton NSW 2571
- In person hand delivered to Council’s offices at 62-64 Menangle Street, Picton.
Submissions Close
Share your feedback until 5:00pm on Monday 27 May 2024.
More Information
Further enquiries can be made to Mike Nelson, Manager Assets, Transport & Engineering at 4677 1100 or council@wollondilly.nsw.gov.au.
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