NSW councils own and control assets with a total value of over $198 billion. These assets include cash, investments, infrastructure, plant and equipment, receivables, inventory and intangible assets. The largest component of councils’ assets base is infrastructure, with a net value of over $176.3 billion. Roads and related assets (eg bridges and footpaths) make up more than $70 billion or 39.74% of these assets. Strong and sustainable communities that optimise the use of public resources is what the residents and rate payers of NSW are looking for. As a result, the management of these assets, and in particular infrastructure assets, is an extremely important component of a council’s function.