Decision details

Further to Minute No. 39 of the meeting of the Overview and Scrutiny Committee – Regulatory, Compliance and Corporate Services held on 7 February 2023, the Cabinet considered the report of the Executive Director of Corporate Resources and Customer Services advising that the Asset Management Strategy and Asset Disposal Policy set out the vision and aspirations for the effective management of the Council’s corporate asset portfolio and the role it plays in supporting and shaping the Council’s agenda for the 2030 vision. Aside from its staff the Council's next biggest resource is its land and property and consequently it is vital that this resource is managed and used effectively and efficiently to ensure that the Council derives maximum benefit from its assets in support of its strategic aims and priorities.

The Asset Management Strategy and Asset Disposal Policy were set out as appendices to the report and will provide a framework for the planning, prioritisation, management and funding of the Councils asset base.

Decision Made:

That the Council be recommended to approve:

(1)      the updated Asset Management Strategy; and

(2)      the updated Asset Disposal Policy.

Reasons for the Decision:

The Asset Management Strategy and Asset Disposal Policy are key documents for Sefton Council which sets out key parameters in respect of the delivery of an efficient and effective property portfolio.

Alternative Options Considered and Rejected:

None.