City of Stirling Transport Asset Managment Plan

$500K (yrs 1-5) and $800K (yrs 6-20) pathways 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 5.5 Projected pathways condition at a $500K (years 1-5) and $800K (years 6-20) capital renewal budget over 20 years

Asset renewal backlog The City is putting strategies in place to mitigate the risk of asset loss. The first steps in this plan are: • Recording good-quality data • Improving confidence levels in financial predictions • Capturing condition data more effectively and regularly to monitor the effectiveness of treatments and funding efficiencies • Targeting more timely maintenance in future mature asset management planning to slow degradation patterns • Capturing treatment effectiveness to understand if there are cost- effective interim holding treatments. Renewals are to be funded from Council’s Capital Works Program and grants where available.

There will be renewal works that are deferred in certain circumstances (eg, roads subject to future upgrades). The impact of the deferral on the systems’ ability to provide the required level of service will be assessed. Although the deferral of some renewal works may not impact significantly on the short- term operation of the assets, repeated deferral will create a liability in the longer term. These will be monitored regularly for risk, with appropriate maintenance measures put in place.

Transport Asset Management Plan 2018 – 2028 | 45