Asset Management

Hi Everyone, At Melton City Council these assets are captured and brought in as soon as Practical Completion is issued, but with On/Off maintenance dates clearly stated.   ​ ------------------------------ RIMA ZREIKAT Melton City Council STRATEGIC ...

Roads & Maritime deal with toll road concessions in their accounts which would be similar. For example https://www.rms.nsw.gov.au/documents/about/corporatepublications/annual-report-2017-18-vol2.pdf page 49  13. Non-current assets - intangibles assets ...

Hello, I would be tempted to recognise them as soon as practical as well as the associated land under roads, stormwater, kerb and gutter and the other component assets. Essentially, if the community is using the assets, then you already "own" the assets, ...

Hi Claudia We have an option in our AM system to include assets, but aren't owned or valued by Council. You could do something similar. Have a date when the letter of acceptance was issued, and when the maintenance period expires. That way the assets ...

Hi, folks.  I'm looking to get some input as to what other Municipalities are doing when it comes to assets that have not yet been assumed by the Municipality.  When new subdivision are built by a developer, it's not uncommon for those assets to remain ...