Background

Our community is growing, and as the population increases, so does the pressure on our existing assets and the demand for new and improved ones. At the same time, we face challenges like climate change, ageing infrastructure and rising costs of maintaining our assets within a large regional/rural municipality.

Mildura Rural City Council is required to update the Asset Plan every four years to ensure our plans support the Community Vision and are aligned to the priorities for our Council Plan. The 10-year Asset Plan is a long-term strategy that will help inform the renewal, expansion and upgrade of our community assets.

Council Assets

Asset data summary

Introduction

This Asset Plan outlines how Mildura Rural City Council will manage its assets in a responsible way to ensure they continue to support the services our community relies on now and into the future.

The 10-year strategic and financial outlook allows Council to make balanced decisions, considering social, economic, cultural and environment factors when deciding when and how to invest in community assets within a finite budget and rate capped environment. The state of the assets at a point in time, allows us to monitor and provide insights into how our assets are performing.

The purpose of this plan is to:

  • Manage Council’s assets in a responsible and sustainable way

    • We will manage our assets, so they last longer, remain safe, and provide value to the community without placing unnecessary financial pressure on future generations.

  • Align asset decisions with Council’s broader goals and strategies

    • Our planning supports the Community Vision, Council Plan and strategic objectives, ensuring that assets contribute to the liveability, prosperity, and resilience of the region.

  • Meet the requirements of the Local Government Act 2020

    • This plan supports compliance with legislation, particularly around transparent decision-making and long-term financial and asset planning.

  • Get the best performance and value over the life of each asset

    • We aim to make evidence-based decisions on when to invest in renewal, maintenance, upgrades or the retirement of assets, ensuring resources are used wisely and efficiently.

  • Improve service delivery and support community well-being

    • Assets are essential to delivering key services. This plan ensures our infrastructure continues to meet the needs and expectations of our community, now and into the future.