Yarra Ranges Council has released its draft asset management policy for 2022 and the draft asset plan for the community to give feedback.
Council said the documents have been developed following an engagement process where a community panel was established, where members explored questions and expressed their views on the council’s approach to managing assets.
Yarra Ranges Mayor Jim Child said that the feedback received from the community panel had gone a long way to shaping the draft plan and policy.
“The input from the panel was terrific as it helped us better understand how our community views the way we currently manage our assets, and how we can combat the challenges we face in managing them,” Mr Child said.
“Eight key principles towards effective asset management have been developed, with two of those, sustainability and health and wellbeing, coming directly from the work of the residents who were part of the community panel.”
Yarra Ranges Council manages around $1.5 billion worth of assets and needs funding to maintain and upgrade them as necessary each year.
The 10-year asset plan receives a review every four years to ensure it still represents community needs.
