Asset Group
An Asset Category (also Asset Group) is a group of asset types with similar attributes.
The National Asset Management Assessment Framework suggests that a Council's Asset Management Plans should include all assets and document asset inventory information for the asset group/category as recorded in the asset register.
Department of Transport, Planning and Local Infrastructure
The Victorian Department of Transport, Planning and Local Infrastructure identifies 22 Asset Categories:
- Property
- Land
- Land Improvements
- Buildings
- Building Improvements
- Heritage Buildings
- Plant and Equipment
- Plant, machinery and equipment
- Fixtures, fittings and furniture
- Computers and telecomunications
- Heritage plant and equipment
- Library books
- Roads
- Bridges
- Footpaths and cycleways
- Drainage
- Recreation, leisure and community facilities
- Waste management
- Parks, open space and streetscapes
- Aerodromes
- Off street carparks
- Other infrastructure
Local Government Victoria Asset Investment Guidelines
The Local Government Asset Investment Guidelines contain an example Capital Funding allocation table that includes the following asset categories:
- Sealed Roads & Kerb & Channel
- Unsealed Roads
- Footpaths & Cycleways
- Bridges
- Off Street Car Parks
- Aerodromes
- Parks, Open Space, Streetscapes
- Recreation, Leisure and Community Facilities
- Drainage
- Waste Management
- Other Infrastructure
It notes that:
- Parks includes Outdoor Furniture and Signage and Public Lighting
- Recreation, Leisure and Community Facilities includes building assets in these services
- Other Infrastructure includes Piers & Jetties, Caravan Parks and Markets & Saleyards.