The Asset Management section is responsible for the development and implementation of the council's Corporate Asset Management Plan. Details of this and other Asset Management documents can be found via the Related Contents section on this page.
The plan considers the council's strategic position with regard to property assets. The process includes the analysis of reports on the condition, suitability, sufficiency and accessibility of property. Also considered are the cost in use, Directorate/Unit business plans, the Community Strategy, the redefinition of the council's priorities and objectives, the outcome of Best Value reviews, and external inspection reports. It then identifies the changes necessary to support council service providers and their partners to meet the corporate priorities of the council and community.
The work of the section also includes ensuring property resources are linked to the council's strategic statements and outcomes as stated in the Corporate Business Plan. This is achieved through working with council officers from all directorates, Elected Members and partner organisations.
Asset Management is also responsible for the management of the council's land and property information.
Asset valuations, for incorporation into the Financial Accounts, are undertaken by the Valuation, Estates and Markets section in accordance with the Chartered Institute of Public Finance and Accountancy (CIPFA) requirements.