Supporting Document - Attachment 2 - Summary Dashboards - IPART
Supporting Document - Attachment 2 - Summary Dashboards - IPART
Supporting Document - Attachment 2 - Summary Dashboards - IPART
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CULTURAL DEVELOPMENT — ASSET OVERVIEW<br />
ATTACHMENT 2<br />
CONDITION OF CULTURAL PHYSICAL ASSETS<br />
Business As Usual<br />
10 Year Projected<br />
Comments<br />
Cultural physical assets are those assets that commemorate or express a cultural or historical value e.g. a war memorial.<br />
Assets in this class have a long life span and in many cases have been constructed with traditional methods.<br />
Current<br />
85% <br />
GOOD/FAIR CONDITION<br />
85% in 10 yrs. with available funding<br />
Current 82% in 10 yrs. with additional SV funding<br />
15% <br />
POOR CONDITION<br />
15% in 10 yrs. with available funding<br />
Current 18% in 10 yrs. with additional SV funding<br />
Financial Strategies Implemented<br />
10 Year Projected<br />
Confidence in Data:<br />
HIGH<br />
MODERATE<br />
LOW<br />
Risks<br />
There is risk that unidentified assets may deteriorate prior<br />
to documentation, and be unable to be renewed or maintained<br />
to preserve the asset.<br />
There are risks that without regular specialized<br />
maintenance, significant Cultural and Physical Assets will<br />
deteriorate more quickly than expected, resulting in<br />
greater expenditure to remediate these assets.<br />
Response<br />
Engage community groups to determine unidentified assets<br />
as required.<br />
Determine priority expenditure areas within available<br />
resources<br />
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