2009 Corporate total asset management plan
Darwin City Council
City of Darwin reports; Reports; PublicationNT
2009
Made available via the Publications (Legal Deposit) Act 2004 (NT).
Date:2009
English
Darwin(N.T.) -- Council -- Periodicals
Darwin City Council
Darwin
Check within Publication or with content Publisher.
https://hdl.handle.net/10070/240707
https://hdl.handle.net/10070/621982
3 Corporate Asset Management Plan CCoorrppoorraattee AAsssseett MMaannaaggeemmeenntt PPllaann 5.3 Lifecycle Expenditure Category Definitions................................... 37 5.3.1 Asset Hierarchy ....................................................................... 38 5.3.2 Useful Life ............................................................................... 40 6.0 Financial Planning ......................................................................41 6.1 Financial Projections........................................................................ 41 6.2 Financial Statements and Projections ............................................ 42 6.3 Sustainability of service delivery .................................................... 43 6.4 Medium and Long Term financial planning periods ................... 44 6.5 Funding Strategy .............................................................................. 46 6.6 Key Assumptions made in Financial Forecasts............................. 48 6.7 Valuations and Revaluations ........................................................... 50 7.0 Improvement Program................................................................52 7.1 Introduction....................................................................................... 52 7.2 Asset Management Process Improvements................................... 52 7.3 Asset Management Information System Improvements ............... 55 7.4 Asset Management Data and Knowledge Improvements.............. 56 7.5 Immediate Improvement Projects Scope........................................ 58 7.5.1 Development and Maintenance of Councils Corporate Asset Register (AIM)..................................................................................... 58 7.5.2 Development and Maintenance of Asset Management Plans for Key Asset Groups............................................................................... 58 7.5.3 Asset Condition Assessment and Data Collection Program.... 58 7.5.4 Minor Asset Management Capital Projects ............................. 59 7.5.5 Lifecycle Finance Planning...................................................... 59 7.5.6 Review of Asset Registers and Collection of Condition Data .. 59 7.5.7 Financial Tracking of Expenditure on Assets and Activities .... 60 7.6 Darwin City Council Asset Management Strengths....................... 60 Glossary ....................................................................................................... 61