The Asset Plan outlines the way we will manage our assets now and into the future. It complements our Asset Management Policy that defines the guiding principles, practices and responsibilities which Council consistently applies in managing the approximately $1.5 billion of infrastructure and property assets.

The current Asset Plan 2022-2032 was adopted in 2022, however it is important to revisit the plan together with the new Council Plan and Financial Plan, to make sure they are all connected.

The most basic definition is - something that is of value.

Assets are all the things that enable Council to deliver services for our community, and help residents to stay connected, healthy and active.

Many of the things our community see as they step outside their home are assets that Council manages: the footpaths leading to shops, schools or sports centres; most of the roads (75%); buildings for community activities such as halls and libraries; parks and open spaces that keep community healthy and active, and playgrounds that provide endless fun for children.

The Draft Asset Plan:

- lists the assets Council owns, including how many there are and total replacement cost.
- outlines the money needed to operate and invest in these assets.
- explains how Council calculates risks related to infrastructure.
- details how Council decides on the amount of money to invest and which assets to focus on.
- ensures that decisions about managing assets align with Council’s overall vision and strategic objectives.
- ensures there is alignment between asset management planning and the Long-Term Financial Plan.
incorporates community feedback and considers the changing needs of the local community.

Read the full document for more details.

1. Provide your feedback on the online form

2. Visit us at a pop-up across Yarra Ranges. Details are on the main project page.

3. Write or email the project team. Contact details are below.