City of Stirling Transport Asset Managment Plan

Asset renewal funding ratio 6 The asset renewal funding ratio is a measure of the ability of the City to fund its projected asset renewals/ replacements in the future. The asset renewal funding ratio is the ratio of the net present value of asset renewal funding planned over a 10-year period in the Long-Term Financial Plan, relative to the net present value of projected capital renewal expenditures identified for the same period.

The indicative target is between 90 per cent and 100 per cent.

Pathway renewal funding for pathways in road reserves and PAWs only has been included in this table.

Required renewal expenditure (10 years)

Planned renewal funding (10 years)

Asset renewal funding ratio

Asset type

Roads

$100,000,000

$90,607,000

90.6%

Pathways

$6,500,000

$6,500,000

100%

Table 7.3 Asset renewal funding ratio

6 Asset renewal funding ratio = [Net present value of projected 10yr capital renewal funding in the Long-Term Financial Plan] / [Net present value of required 10yr capital renewal expenditure in the asset management plan]

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