City of Stirling Transport Asset Managment Plan

5.4 Creation/acquisition/upgrade plan New works are those works that create a new asset that did not previously exist, or works which upgrade or improve an existing asset beyond its existing capacity.

They may be referred to as expansion works as they increase the extent of the network. They may result from growth, social or environmental needs. Assets may also be acquired at no cost to the City from land development. These assets from growth are considered in Section 4.4.

New/acquisition/ upgrade expenditure

2012/13

2013/14

2014/15

2015/16

2016/17

2017/18

Roads

$4,359,184 $3,527,205 $3,021,414 $3,054,427 $4,419,784 $5,664,832

Footpaths

$2,121,554 $2,103,588 $1,979,701 $2,087,565 $3,355,500 $2,623,484

Total

$6,480,738 $5,630,793 $5,001,115 $5,141,992 $7,775,284 $8,288,316

Table 5.9 Transport assets creation/acquisition/upgrade expenditure

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