City of Stirling Transport Asset Managment Plan

5.3.3 Summary of future renewal expenditure Projected future renewal expenditures

(2018/19 - 2022/23) and increased to $800k for the following 15 years are represented in Figure 5.5. Both graphs show the percentage of the roads and pathways in condition states 1 to 5 in each year, and the overall condition index (OCI) of the road and pathway network at the set annual budget.

are forecasted to increase over time as the asset stock ages. The road surface conditions, at a $10 million annual budget over the next 20 years, from 2018/19 to 2037/38, are summarised in Figure 5.4. The pathway conditions at a $500,000 annual budget for the first five years

$10M annual road renewal budget

100%

1 Good

90%

1.5

80%

2

70%

2.5

60%

3

50%

40%

3.5

% per condition 30%

4

Overall condition index

20%

4.5

10%

Poor

5

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

Year

Condition 1

Condition 2

Condition 3

Condition 4

Condition 5

OCI

Figure 5.4 Projected road surface conditions at a $10M capital renewal budget over 20 years

44