Draft Asset Plan

10 Year Draft Asset Plan

Help us plan to provide suitable community infrastructure and assets in the Rural City of Wangaratta now and into the future by having your say on the Draft Asset Plan. 

The Rural City of Wangaratta manages $768M of public infrastructure assets on behalf of our community. 

The 10 Year Asset Plan is a long term plan that sets the framework for how we will maintain, renew, expand or upgrade our community infrastructure assets.   

At the Rural City of Wangaratta, we want to continue to provide great facilities and infrastructure for our community to use, ensuring our assets are well managed for the benefit of current and future generations. 

This plan documents Council’s strategies for managing our infrastructure assets, considering future challenges and opportunities facing Council and reports on the current state of our asset portfolio. The plan demonstrates Council’s commitment to investing in assets to meet the service delivery needs of our community, addressing the aspirations of the community vision, priorities of the Council Plan and alignment with the Financial Plan. 

Regulatory Context - Why are we preparing an Asset Plan?  

In accordance with Section 92 of the Local Government Act 2020, the Rural City of Wangaratta is required to adopt an Asset Plan by 30 June 2022.  

Section 92 requirements specify that: 

• Council must develop, adopt, and keep in force an Asset Plan in accordance with its deliberative engagement practices.  

• The scope of the Asset Plan must be for a period of at least next 10 financial years. 

• The Asset Plan must include Information about maintenance, renewal, acquisition, expansion, upgrade, disposal and decommissioning in relation to each class of infrastructure asset under the control of the Council and any other matters prescribed by the regulations. 

• Council must then review the Asset Plan in accordance with its deliberative engagement practices and adopt the revised Asset Plan by 31 October in the year following a general election.   

• The revised plan has effect from 1 July in the year following a general election. 

Note: Deliberative Engagement is not required for the first asset plan, Section 92, clause (6). However, the plan must be developed by Council in accordance with its community engagement policy. 

If you wish to learn more about the regulatory context, purpose and function of the Asset Plan further information can be found here on the Engage Victoria Website.

View the plan here

DRAFT-ASSET-PLAN_2022.pdf(PDF, 3MB)


Timeline

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