The following guidance is available to assist with managing, valuing and reporting on council assets.
Infrastructure
These guides assist with planning and governing integrated community infrastructure.
Delivering community precincts
Guideline containing Victorian case studies, tools and checklists to support the development of integrated community infrastructure.
- A Guide to Delivering Community Precincts PDF, 1771.39 KB
- A Guide to Delivering Community Precincts DOC, 281.5 KB
Governing shared community facilities
Guidance and practical information about governing shared facilities including tools and templates.
- A Guide to Governing Shared Community Facilities PDF, 1473.14 KB
- A Guide to Governing Shared Community Facilities DOC, 361 KB
Developer contribution levies
Councils are required to provide details of their planned capital works expenditure in their strategic resource plan, including anticipated funds from all sources such as developer contribution levies. This document outlines developer contributions to councils for the period 2011 to 2014.
Land
Guidance for councils that are proposing to either sell, exchange or transfer land.
- Best Practice Guideline for the Sale and Exchange of Land 2009 PDF, 199.02 KB
- Best Practice Guideline for the Sale and Exchange of Land 2009 DOC, 761 KB
Asset management
These guides assist with managing, valuing and reporting on council assets.
| Topic | Download |
|---|---|
| Guidance on better practice asset management including links to related resources | Local Government Asset Management Better Practice Guide PDF, 291.92 KB |
| Local Government Asset Management Better Practice Guide DOCX, 329.72 KB | |
| Guidance and principles for informing how councils should protect their assets | 2012 Good Practice Guide for Asset Protection Permits PDF, 420 KB |
| 2012 Good Practice Guide For Asset Protection Permits DOC, 1074 KB | |
| Guidance designed to assist with asset planning, appraisal and delivery. The principles outlined are applicable to all capital investment decisions but essentially cover infrastructure investment. | 2006 Local Government Asset Investment Guidelines PDF, 1417.49 KB |
| Examples of financial analysis are included in the appendices | Local Government Asset Investment appendices PDF, 209.83 KB |
| Business forecasting spreadsheet to assist with financial modelling of investment proposals | 2006 LG Investment Guidelines Business Forecasting Model XLS, 27.5 KB |
| Guidance to assist with the determination of road asset condition and financial reporting | 2006 Guidelines for Reporting and Measuring the condition of Road Assets PDF, 775.76 KB |
| Guidance on the accounting treatment of non-current physical assets under AASB 116 property, plant and equipment. Topics covered include cost of acquisition, depreciation, repairs and maintenance, valuation and disposals | 2006 Accounting for non-current physical assets under AASB 116 PDF, 165.18 KB |
| Guidance and framework for the preparation of an asset management policy, strategy and plan | 2004 Guidelines for Developing an Asset Management Policy, Strategy and Plan PDF, 1680.98 KB |
| Guidance for valuation of non-current physical assets for effective asset management and financial reporting | 2005 Guidance Note – Fair Value Asset Valuation Methodologies for Victorian Local Governments PDF, 508.05 KB |
| A point in time overview of initiatives and resources available to improve asset management | 2004 Asset Management Initiative Brochure PDF, 270.83 KB |
| Overall policy framework to guide the strategic management of infrastructure assets | 2004 Sustaining Local Assets: Local Government Asset Management Policy Statement PDF, 401.85 KB |
| A survey template used to collect data on council asset management performance over time. | Asset Management Performance Measures Survey Template XLS, 146.5 KB |
Investments
Victorian councils may invest in accordance with section 103 of the Local Government Act 2020. The following approval was made under section 103(f).