[Skip to content]

.

What is Asset Management

 

In addition to its 112 schools and 27,000 housing stock, Dudley Council owns some 1,400 primary buildings on 1,100 sites worth approximately £806 million.

 

The mains aims of the Council are to provide and maintain an efficient and balanced portfolio that supports the vision and priorities of the Community Plan and Council Plan and meets service user needs. The Council also looks to maximise financial return from its commercial portfolio and dispose of surplus assets to generate capital receipts.

 

The Council prepares and submits an Asset Management Plan and Capital Strategy each year to Central government. These plans explain how the Council sets about ensuring that its assets are managed effectively and efficiently. They are assessed by the Government and their quality directly affects the amount received that we can spend on capital projects.