The Asset Management Strategy and Plans are important documents that enable us to plan, maintain, and invest in our assets to deliver valuable services for our community now and in the future. They are an essential element of the City of Holdfast’s Bay’s robust and sustainable financial planning.

Assets are the foundations of the City of Holdfast. They include the streets we drive on, parks and reserves our families play in, the stormwater network we rely on, and the community and sporting facilities we enjoy across our city.

Our goal is to continue providing assets that meet the community’s needs, comply with the agreed service levels, provide value-for-money services that maximise asset life, and ensure budgets are allocated appropriately.

Our diverse portfolio of assets is valued at more than $600 million, and we have allocated more than $112 million for asset renewal over the next 10 years.

Thank you to all who read the draft Asset Management Plans and contributed.

From 29 August – 19 September 2024, we asked you to review the draft Asset Management Plans and provide feedback, via an online survey, hard copy survey, email or telephone.

A range of communication and engagement activities were undertaken to inform, consult, and involve the community, including:

• Displays at the libraries, Civic Centre and Holdfast Bay Community Centre
• Site-wide database sent to 3982 (38% open rate)
• Mayor-Council wrap-up videos
• Holdfast News e-newsletter
• News articles on the council's websites

We received 555 visits to the website from 478 participants. 13 participants responded*, covering the following themes:

After reviewing the feedback, the documents were updated included Acknowledgement to Country, valuation updates, alignment with Transforming Jetty Road project, and graphic design.

Council adopted the Asset Management Plans at the council Meeting 26 November 2024.

For a full summary of the engagement and changes please see the council report.