Asset Management Strategy 2016-2021

The Asset Management Strategy sets out the vision for how we manage our assets over the next 5 years (2016 - 2021)

IN THIS ARTICLE

The Asset Management Strategy (AMS) sets out the vision for how we manage our assets over the next 5 years (2016 - 2021) by looking at them in a more cohesive way.

Government grants are reducing, budgets are getting tighter and the need to produce extra income is increasing whilst balancing community needs. Assets owned by Colchester Borough Council (CBC) will have a major role in meeting our strategic community and financial objectives.

4 priority areas have been identified that will provide the focus for the AMS:

Operational and Community Asset Management - Looking at how we manage assets we occupy and use for community functions.
Creating Growth - Focusing on inward investment, regeneration and partnership working.
Commercial and Business - Encouraging a commercial focus to how we work in order to create more sustainable income whilst also balancing community objectives.
Partnership Working - Challenging working practices and the management of resources. Working with key partners in order to provide services for our community in a more joined up way.

Central to all these areas are our assets and how they are a vital part of how we deliver our services.

Asset Management Strategy 2016 - 2021