Council has a responsibility to the community to manage the assets it owns in a cost-effective manner. To achieve this, Council aims to manage its assets through their lifecycle from creation and acquisition to maintenance and operation, through to rehabilitation and disposal. This Asset Plan sets out how Council intends to manage the assets it owns, to help achieve the objectives defined in the Council Plan 2021-2025.

Development of this Asset Plan has been informed by a range of community engagement activities undertaken by Council, including:

  • Engagement activities undertaken for development of the Council Plan 2021-2025
  • Analysis of the results from community satisfaction surveys, including trends across multiple years
  • Community input from an online budget simulator tool that enabled community members to make suggestions to either maintain, increase or decrease the budget over a range of key service areas.

The Asset Plan 2022 outlines:

  • What assets Council has – It describes the main asset categories (eg. roads, buildings etc) and the total replacement cost of each category.
  • The condition of our assets – Council regularly monitors the condition of assets and maintain records of condition, to help us budget for the maintenance, repair and renewal/replacement expenses that are required to keep the assets at an acceptable standard.
  • The funding available in the long term to provide and look after our assets – The long-term cost of managing Council’s assets must be within the limited funding available as shown in Council’s Financial Plan.
  • How much Council will spend on our assets – Over a ten-year period, the Asset Plan provides a breakdown of planned expenditure across three key categories: operating & maintenance; renewal; upgrade & new
  • Challenges and opportunities – for each of main asset classes, the Plan provides an outline of some of the key issues that are anticipated over the next ten years.

How to participate

People could give feedback on the Asset Plan by filling out an online feedback form, emailing the Assets Team or posting written feedback by Wednesday 13 July 2022:

Filling out an online feedback form
Emailing the Assets Team
Posting to the Chief Executive Officer, Hume City Council, PO Box 119, Dallas 3047