Asset Class
An asset class is a grouping of assets of a similar nature and use.
Alternate Definitions
A grouping of assets of a similar nature and use in an entity's operations - AASB 116
The Queensland Department of Local Government, Sport and Recreation circulated a list of Infrastructure Asset Classes and Sub-Classes in December 2008.
Wide Bay Burnett Asset Classes
Bundaberg
- Land
- Buildings & Structures
- Plant & Equipment
- Water
- Sewerage
- Roads
- Drainage
- Intangibles
- WIP
- Cultural
Fraser Coast
- Land for Resale
- Land and Land Improvements
- Buildings
- Roads and Bridges (broken into sub groups)
- Drainage (broken into sub groups)
- Water (broken into sub groups)
- Sewerage (broken into sub groups)
- Plant and Equipment (includes Furniture and Fittings, Computer Equipment and Communications)
- Intangibles (software)
- Library
- Coastal Infrastructure
Gympie
- Building and Other Structures
- Drainage
- Land and Improvements
- Other Assets
- Parks & Gardens
- Plant and Equipment
- Roads and Bridges
- Sewerage
- Water
South Burnett
- Building
- Land
- Plant and Equipment (broken down into plant, furniture & fittings and Computers)
- Drainage
- Water
- Sewerage
- Roads
Other Councils Asset Classes
Cockburn City Council
- Facilities (Buildings)
- Transport & Paths (Roads, kerb, footpaths)
- Parks & Environment (Parks, Reserves, Sports Ovals, Environmental lakes etc)
- Stormwater Drainage
- Minor Infrastructure (Signs, Shelters, Bins etc)
- Coastal Infrastructure (Marina's, Jetties etc)
- Fleet
- Waste Management (Refuse Sites, Transfer Stations etc)
- Land
- Non-Infrastructure (IT equipment etc)
