Asset Management
The objective of this policy is to broadly outline why asset management is relevant to Council to ensure:
- consistency with Council's Strategic Plan
- management of infrastructure and other Council assets across the City's asset portfolios is undertaken in a structured and coordinated way in support of sustainable service delivery
- corporate responsibilities are identified, and appropriate and adequate resources allocated
- risk management is integrated into transparent decision making
- continuous improvement is maintained
- legislative and regulatory requirements are achieved
- good decision making around planning to spend the right money, at the right time, on the right assets to ensure the City of Hobart can sustainably provide the required services for current and future generations.