Project background

Council is responsible for the management of our City's infrastructure and natural assets for the benefit of current and future generations. Millions of dollars are spent annually managing and maintaining these assets throughout their lifecycle.

It is essential that sound asset management practices are in place to ensure all Council assets are managed prudently and efficiently. To ensure this, the Local Government Act 2020 requires all Councils develop a 10-year Asset Plan.

How was our Asset Plan developed?

Council's Asset Plan 2023-2032, endorsed on 6 June 2022, has been developed with input from our community via detailed deliberative engagement processes.

A dedicated Frankston 10 Year Asset Plan Community Panel was established in early 2022 to discuss and identify the key principles by which Frankston City should prioritise and invest in its asset over the next 10 years.

The community engagement was undertaken in March 2022 to engage and collaborate meaningfully in line with Local Government Act 2020 requirements, to inform the development of the Frankston 10 Year Asset Plan.

Please see our Community Panel Outcomes Report for more information about this Panel.

Following the inclusion of the outcomes from the detailed deliberative engagement conducted with the Asset Plan Community Panel, the draft Asset Plan was exhibited for broader community feedback via the engage Frankston website between 4th April to the 29th April 2022.

The community were asked the following questions as part of the feedback sort on the draft Asset Plan:

  • Do you think we have accurately reflected the challenges and opportunities for asset management in the next 10 years? Let us know any challenges or opportunities that are missing?
  • Can you rank the Community Panel's Principles from least important to most important to you? Is there anything missing from the Community Panel's Principles?
  • Did we get our assessment of 'state of asset' conditions and future spending right? Tell us if you think something is missing from our 'state of asset' assessment?
  • Do you have any other feedback or suggestions for our Draft Asset Plan 2023-2032? Is there anything missing from the Community Panel's Principles?

Council received a total of 13 submissions and responses to the above questions. The general themes from the responses across all questions were:

  • The importance of cycling and shared pathway infrastructure to the community for transport and recreation including safe paths for the elderly and family use.
  • The importance of recognising the First Nations people and connecting assets to the land
  • Climate change and environmental issues need to be addresses as part of asset management design and construction.
  • The importance of public open spaces and their value into the future with an increasing urban development.
  • Bush and nature reserves, corridors and street trees and well as green open spaces not only encapsulate the essence of the Frankston Municipality but are the best line of defence to mitigate the impacts of climate change.
  • The importance of universal access in asset design and upgrade for a more inclusive and equitable community that goes beyond disabled access compliance.
  • Expanding public transport and advocacy for improve transport options for the Frankston community.
  • The importance of maintenance and upgrade of the Frankston CBD
  • Allocation of asset funding to the right areas identified in the community feedback.

Various changes have been made throughout the Asset Plan based on the feedback received during the public exhibition process. They are in summary:

  • Inclusion of the need to recognise the connection of natural and built assets to the past with a strong connection to the land and First Nations people, whilst moving to the future with designs, energy efficiency and materials.
  • Update to place further importance of natural and bushland areas where open space has been identified in decision making principles and asset summary information.
  • Update of terminology throughout the plan to reference universal access and universally accessible and the importance of inclusion and equality in asset design and programs.
  • Increased focus on “cycle” paths throughout out document and pathway renewal and improvement programs.
  • Update of all asset financial forecasts to align with draft 2022/23 Long Term Financial Plan.

What are our Council-managed assets?

Asset plan infographic

Asset Plan Infographic

What are the biggest challenges and opportunities for Council's asset management in the next 10 years?

Diagram showing 6 issues and opportunities