Case study 2.3

Asset management for public entities: Learning from local government examples.

Hutt City Council – Clear policy and approvals give asset managers clarity about what they are doing

Hutt City Council has a Corporate Asset Management Policy that sets out clear, coordinated management arrangements. A proposed Asset Management Working Group will support the Senior Leadership Team and the Council with their responsibilities. The policy allows for good involvement by senior managers and councillors in key asset management decisions. The policy is clear on approvals. Asset management activities are reviewed annually by senior managers as part of setting the annual budget. Councillors approve annual capital development, renewal, and maintenance budgets, which are linked to the asset management plans. In addition, the Council’s Finance and Audit Committee reviews activity plans each year.