Asset Management Strategy

The City of Albany’s development of asset master plans has placed it among the leading municipalities in Western Australia. Asset master plans outline processes and principles used to plan upgrades, rehabilitation and maintenance for each City asset.

The result is an innovative long-term financial planning framework assisting informed decisions on development.

A master plan analyses every item within an asset category, such as roads, pathways, reserves, drainage systems, buildings or land.

A plan is formulated for development or maintenance, which meets community expectations for standards and capacity.

These master plans help guide the Council in making decisions within its 15-year economic sustainability plan.

Priority is given to the most urgently needed works that provide the greatest benefit to the community.

The master plans provide a set of criteria – such as safety, the number of users, environmental impact and sustainability – to enable the City to make objective and accountable decisions.

Using these criteria, the City lists assets in order of priority for maintenance or improvement.

Assets compete for funding and each year the Council must decide on funding allocations while still delivering a sustainable budget.

The City’s priority lists are public documents. You can easily obtain answers to your questions about particular assets.

The City has brochures describing the asset management process for roads, paths and reserves, and accompanying documents giving the priority lists of works. 

These brochures can be obtained in printed form from either the Albany Public Library or the City of Albany office at 102 North Road, Yakamia. Alternatively, you can telephone the City administration officer on 9841 9201.

Each year the City spends millions of dollars in its capital projects budget maintaining, upgrading and acquiring infrastructure.

Development of these budgets uses the master plans as the starting point. The funds for these works come from a variety of sources, including Federal and State Governments, private developers and City rates.