Territory Stories

2009 Corporate total asset management plan

Details:

Title

2009 Corporate total asset management plan

Other title

Darwin City Council

Collection

City of Darwin reports; Reports; PublicationNT

Date

2009

Description

Made available via the Publications (Legal Deposit) Act 2004 (NT).

Notes

Date:2009

Language

English

Subject

Darwin(N.T.) -- Council -- Periodicals

Publisher name

Darwin City Council

Place of publication

Darwin

Copyright owner

Check within Publication or with content Publisher.

Parent handle

https://hdl.handle.net/10070/240707

Citation address

https://hdl.handle.net/10070/621982

Page content

42 Corporate Asset Management Plan CCoorrppoorraattee AAsssseett MMaannaaggeemmeenntt PPllaann assets are likely to reach the end of their useful lives and to assist in smoothing out renewal peaks. Darwin City Council - Age Profile (Roads, Buildings & Stormwater Assets Combined) $0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 $90,000,000 1945 1956 1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 Year Acquired C ur re nt R ep la ce m en t C os t Figure 11 Asset Age Profile 6.2 Financial Statements and Projections The financial projections for roads, buildings, carparks and stormwater assets for planned operating (operations and maintenance) and capital expenditure (renewal and upgrade/expansion/new assets) are shown in Figure 12. These projections are based on inputs from Councils Ten Year Financial Plan, historical operational expenditure and anticipated renewals. At this stage it only provides an indicative financial projection based on the existing best available information for a limited number of asset classes. The projections will be refined further as individual asset management plans are developed for each of the classes (buildings & structures, road network, stormwater drainage, waste facilities, plant & equipment, parks and open spaces and carparks). Note that all costs are shown in current 2007/08 dollar values.