7.5
•
Population growth will continue as predicted by currently available forecasts
•
Funding levels will remain constant through the life of the plan
Forecast Reliability and Confidence
The expenditure and valuations projections in this strategic asset management plan are based on best available data. Currency and accuracy of data is critical to effective asset and financial management. The estimated confidence level for and reliability of data used in this strategic asset management plan is shown in Table 6.5. Table 6.5:Data Confidence Assessment for AM Plans summarised in Strategic AM Plan Asset Class Buildings and Other Structures Parks and Gardens Stormwater Drainage Transport Water and Sewer
Quantity High- over 99% of assets mapped and measurable High- over 99% of assets mapped and measurable High- over 99% of assets mapped and measurable High- over 99% of assets mapped and measurable High- over 99% of assets mapped and measurable
Condition High – condition is readily observable High – condition is readily observable Moderate – Many buried assets not readily observable Moderate – Many buried assets not readily observable Moderate – Many buried assets not readily observable
Over all data sources, the data confidence is assessed as medium confidence level for data used in the preparation of this strategic asset management plan. Actions to mitigate the adverse effects of data quality are included within Table 7.2 Improvement Plan.
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Asset Management Plan
