Asset Management
An asset is defined as a tangible physical "thing" - such as a road, building, pit, tree - that is required to deliver services essential for the normal and proper functioning of our community.
The assets that Council owns or has stewardship over deliver the following services to the community:
- Roads and paths - meet transport and access needs;
- Drains - provide for public safety, health and the protection of property;
- Buildings - provide for cultural, recreational, health, community and civic purposes;
- Parks - provide recreational opportunities and enhance community life
Other 'corporate infrastructure' assets - furniture, plant and equipment, information technology hardware and software - are used by the organisation to administer, manage and support the service provided by Council.
Asset Management is the process of guiding the acquisition, use and disposal of assets so that we can optimize their service delivery potential, manage the related risks and cost over the full life of the asset.
Asset Management Policy
Frankston City Council adopted its revised Asset Management Policy on 6 April 2009. The Policy demonstrates our commitment to the sustainable management of Council's assets.
Asset Management Strategy
Frankston City Council adopted the Asset Management Strategy on 21 August 2006. The Strategy aims to move Council's Asset Management activities to best practice. By improving Council's knowledge of its assets and better manage them, a sustainable service will be maintained in a manner that delivers economic, environmental and social value to the community.
Asset Management Plans
Asset Management Plans are being developed for each Asset Class: Roads; Drains; Facilities; and Parks & Leisure.
The purpose of Council's Asset Management Plans is to improve Council's long-term strategic management of its assets in order to cater for the community's desired levels of service in the future.
Contact Us
For further information contact Infrastructure Administration on 9784 1884 or fax 9784 1091.
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