City of Stirling Buildings Asset Managment Plan 2018 - 2028

1.0 Executive summary

1.1 The purpose of the plan Asset management planning is a comprehensive process to ensure delivery of services from infrastructure is provided in a financially sustainable manner. The fundamental purpose of this Buildings Asset Management Plan (BAMP) is to improve the City of Stirling’s (the City’s) long-term strategic management of its building assets. This is to cater for the community’s desired levels of service in the future, in accordance with the City’s key strategic documents and to demonstrate reasonable management in the context of the City’s available financial and human resources. This BAMP achieves this by setting standards, service levels and programs that the City has developed and will deliver. The standards and service levels have been set in accordance with user needs, regulations, industry practice and legislative codes of practice. 1.2 Asset description The City provides buildings in partnership with the community, numerous external stakeholders and other levels of government for the delivery of services to the community. This BAMP encompasses 484 buildings, comprising 226 major buildings and 258 minor buildings. The buildings portfolio comprises: • 120 community and recreational facilities • 47 City recreational and community facilities • 14 City operational buildings • Six City commercial buildings • 39 public toilets and/or changerooms • 258 minor/other structures.

1.3 Levels of service Our present funding levels are sufficient to continue to provide existing services at current levels in the medium term. 1.4 Future demand The main demands for new services are created by: • Increased population • Changes in population demographics • Changing community preferences and expectations. These will be managed through a combination of managing existing assets, upgrading of existing assets and providing new assets to meet demand, and demand management practices. Demand management practices include non-asset solutions, insuring against risks and managing failures. What does it cost? The projected outlays necessary to provide the services covered by this Asset Management Plan (AM Plan) includes operations, maintenance, renewal and upgrade of existing assets over the 10-year planning period. This totals approximately $200 million or $20 million on average per year. 1.5 Lifecycle management plan

These building assets have a replacement value of over $411 million.

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