2.3 ASSET MAINTENANCE

Maintenance expenditure will be consistent with industry standards.

- Recurrent and capital spending on asset maintenance is approximately 2.7 per cent of the Government's total physical asset holdings (excluding land), which are valued at $124 billion at 30 June 2005.

- The efficiency of the spend on asset maintenance will be monitored going forward as part of the Total Asset Management Program.

- The priority placed on maintaining infrastructure is reflected in the steady increase in spending. Examples of maintenance spending in 2006-07 include:

• The Department of Education and Training will spend $200 million on minor capital projects including maintaining toilets, roofs, painting and general classroom maintenance

• The Department of Health will spend $382 million on maintaining hospitals and equipment

• The Roads and Traffic Authority will spend $753 million on maintaining roads and equipment

• RailCorp will spend $800 million in maintaining passenger rail cars, railway stations, track and other infrastructure

• Sydney water will spend $77 million in maintaining pipes, pumps and other water and sewerage infrastructure.

TABLE 2 NSW GOVERNMENT MAINTENANCE EXPENSES: RECURRENT AND CAPITAL

 

 

2005-06
REVISED $M

2006-07
BUDGET $M

2007-08
ESTIMATE $M

2008-09
ESTIMATE $M

2009-10
ESTIMATE $M

 

 

GENERAL GOVERNMENT SECTOR

$1,510

$1,775

$1,712

$1,767

$1,837

 

 

PUBLICTRADING ENTERPRISE SECTOR

$1,864

$2,064

$2,161

$2,174

$2,189

 

 

TOTAL

$3,374

$3,839

$3,873

$3,941

$4,026

 

 

 

SOURCE: NSW TREASURY NSW BUDGET STATEMENT 2006-07 BUDGET PAPER NO 4, OVERVIEW