The Local Government Act 2020 requires Council to develop, adopt and keep in force an Asset Plan (the Plan) in accordance with its deliberative engagement practices.
The Plan must be for a period of 10 years and include information about maintenance, renewal, acquisition, expansion, upgrade, disposal and decommissioning in relation to each asset class of infrastructure under the control of the Council.
The purpose of the Asset Plan is, as per the Asset Plan Guidance Document provided by Local Government Victoria, “a document that communicates the importance and magnitude of the infrastructure assets for which council is the custodian.”
The Asset Plan also articulates and communicates the challenges and choices available to the Council in relation to service levels, costs and risk relating to how Council approaches and undertakes asset management.
You can read the draft Asset Plan here and have your say below.