Strategic Asset Management Plan

The City of Hobart Strategic Asset Management Plan 2024 – 2034 (SAMP) outlines the assets owned and managed by the City and forecasts the funding required to maintain, renew and re-invest in the asset portfolio.

Along with the staff in the organisation, the City's assets assist with the provision of quality service delivery to the community. The SAMP identifies the operational and strategic requirements which will ensure the City manages assets across their life cycle in a financially sustainable manner. The SAMP quantifies the City’s assets and the financial implications of holding such a diverse portfolio of assets.

The SAMP is designed to inform the Long-Term Financial Management Plan (LTFMP) by identifying the funding required over the life of the plan. The level of funding will incorporate knowledge of asset condition, risk assessment issues as well as the impact of interventions undertaken. The City has not had a current SAMP for a number of years. This SAMP ensures the City meets its legislative requirements. This interim SAMP will undergo detailed review and enhancements during 2024-25.

Interim Strategic Asset Management Plan 2024-2034(PDF, 2MB)