DRAFT Asset Management Plan, DRAFT Strategic Asset Management Plan and DRAFT Asset Management Policy

Introduction

Council is renewing its Asset Management Plan, Strategic Asset Management Plan and Asset Management Policy to ensure they continue to reflect current community needs, organisational priorities and emerging challenges. The updated documents focus on strengthening governance, supporting population growth, enhancing service delivery and ensuring long-term financial sustainability. These plans form an essential part of Council’s Integrated Planning and Reporting Framework and guide how we manage, maintain and invest in our community assets into the future.

The documents are available to view below.

  • DRAFT Asset Management Plan
    • Buildings
    • Open Space
    • Stormwater
    • Transport
  • DRAFT Strategic Asset Management Plan
  • DRAFT Asset Management Policy

About the policy

The Asset Management policy outlines Council’s commitment to managing its assets responsibly, transparently and in a financially sustainable manner. It establishes the principles and governance arrangements that guide the preparation of the Asset Management Strategy, Asset Management Plans (AMPs) and the annual capital planning cycle. Council will apply several key principles to asset management. Assets will be managed sustainably to provide ongoing value to the community. Decisions will be based on agreed service levels and asset risks, focusing on safety and compliance. Financial responsibility is essential, and asset funding will be aligned with the Long-Term Financial Plan (LTFP). Asset decisions will be informed by reliable data and condition information, and Council will maintain transparency in its asset programs and priorities.

The Asset Management Strategy outlines Council’s long-term approach to planning, maintaining and renewing assets. It identifies service levels, condition standards, lifecycle costs, funding requirements and the priorities for renewal, upgrade and maintenance. The strategy links asset planning with Council’s Community Strategic Plan, Delivery Program, Operational Plan and the LTFP.

Asset Management Plans (AMPs) has been developed for each major asset class and includes asset inventory, condition assessments, performance measures, demand analysis, risks and 10-year financial forecasts for maintenance, renewal and upgrades.

Have Your Say

You are invited to provide feedback on the Draft Asset Management Plan, Draft Strategic Asset Management Plan and Draft Asset Management Policy.

You may provide your submission by email council@strathfield.nsw.gov.au or mail Strathfield Council. PO Box 120, Strathfield NSW 2135. Please clearly mark your submission ‘Draft Asset Management Plan, Draft Strategic Asset Management Plan and Draft Asset Management Policy’.

The exhibition period will conclude on Friday, 9th January 2026.

What Happens Next?

All feedback received will be reviewed for inclusion in the final policy and listed in the report to Council for final adoption