Asset Plan 2023-2033 Adopted

Published on 24 May 2024

Mansfield Shire Council has adopted its 10-year Asset Plan 2023-2033.

Mayor Cr Steve Rabie said the asset plan considered all public assets, such as roads, footpaths, parks and gardens, drainage and council buildings and facilities.

“Council is responsible for managing millions of dollars’ worth of assets,” said Cr Rabie.

“Asset planning is a challenging area for local government with increasing costs, greater limitations in terms of funding and an increase in community expectations and demand, with a growing population.

“That’s why we did such a thorough series of community consultations on our asset planning. Council held two deliberative engagement sessions, in person, and a public online survey. We held a workshop online and in person and really partnered with the community to identify key challenges and opportunities.

“I’m confident that not only are our assets being managed in the most efficient way possible, but that our community has had every opportunity to help us prioritise and make those assets suitable for its needs.

The Asset Plan is a requirement under the Local Government Act 2020 and the Mansfield Shire Council Asset Plan 2021-2031 was first prepared and adopted by Council on 28 June 2022, following community consultation.

The Asset Plan provides a long-term view on how Council manages more than $250 million in assets, including local roads, footpaths and shared paths, bridges and culverts, stormwater pipes and pits, buildings and structures and other open space assets, such as playgrounds, sportsgrounds, and outdoor furniture.

The original asset plan was released with extensive deliberative engagements and community workshops held in late 2023 and early 2024.

Under Section 92 of the new Local Government Act 2020, councils must develop, adopt and keep in force an Asset Plan with at least 10-year financial horizon.

The Plan operates within the parameters set by Council’s Financial Plan 2021-2031 and supports the Council Plan 2021-2025 and Community Vision 2040.

The Asset Plan 2023-2033 has been updated from the first Asset Plan adopted by Council in June 2022, with minor updates made as required to reflect changes in asset valuations and to add a further year to the Plan.

You can view the full Asset Plan 2023-2033 at mansfield.vic.gov.au