Annual Report 07/08 - Lithgow City Council

Statements Against Reporting RequirementsState of the Environment ReportPlease note that the supplementary State of the Environment Report 2007/08 is the subject ofa separate report which can be obtained from Council's Administration Centre or found on thewebsite www.lithgow.nsw.gov.au.Condition of Public WorksA condition index has been used to describe the condition of each type of asset. The conditiondescription is based on the following condition index:Condition DescriptionCondition IndexNear perfect 1Superficial deterioration 2Deterioration evident 3Requires major reconstruction 4Asset unserviceable 5Further details of the condition of particular assets are provided in Special Schedule 7 of theFinancial Statements within this Report. The following should be noted:• In 2007/2008 condition surveys were undertaken for timber bridges. No conditionsurveys were undertaken in relation to other assets and therefore the condition ofthose assets as at 30 June 2008 was estimated on the movement of the conditionstated from 30 June 2007.• The estimate of cost to bring public works up to a satisfactory standard is based onthe condition of the asset and an adjustment for the Consumer Price Index.• Council's management of its assets was based substantially on reactive rather thanstrategic principles. However, Council has subscribed to the NAMS.PLUS system.NAMS.PLUS, is an initiative of the Institute of Public Works Engineering Australia, andis a program designed to assist in writing Asset Management Plans. This includesgeneration of expenditure projections for input into long term financial planning.Council is also committed to moving towards the implementation of a comprehensiveassets management system.________________________________________________________________________________________________Annual Report – 2007/ 2008 Page 51