Depreciation Report
Adaption & Implementation Kit Guide
For more detailed information, answers to your questions, and how to obtain your copy of the kit, please contact us.
MODULE 1 | MODULE 2 | MODULE 3 | MODULE 4 | MODULE 5 | MODULE 6 | MODULE 7 | MODULE 8 | MODULE 9 | MODULE 10 | MODULE 11
Module #1 Overview of Council’s A&I Planning Process
Firstly, Why should Council undertake to compile and implement an “adapted “ version of the D.R. (Depreciation Report)?
Let’s face it – having to pay for a government-mandated D.R. is a compulsory “grudge purchase” for many strata corporations.
Strata Councils’ reactions to a D.R. can range from completely ignoring it at one of the responses spectrum, to just implementing exactly what the D.R. presents and recommends at the other end of the responses spectrum.
A D.R. categorically states that it is to be taken a Guide, rather than an immutable instruction set.
Consequently, it requires that Councils assess the wider attributes and demographic make-up of their strata’s ownership, and then adapt the D.R,’s findings and recommendations according to factors such as affordability and timing of expenditures for owners.
This usually entails detailed considerations and juggling of priorities (eg mechanical components vs static components), phasing of repairs / replacements, over or under estimations of costs, use of volunteer work where possible, etc.
HOW are Adaptation assessments of the D.R. carried out by Councils?
This Depreciation Report Adaptation & Implementation (A&I) Kit contains the necessary instructions, explanations, toolsets and examples in a step-by-step process.
It’s a “follow-the-bouncing-ball” exercise.
WHAT does the A&I Kit consist of?
Modules, Steps, Guides, Templates, Examples, Toolsets, Processes, Support.
- Overview of Council’s A&I Planning Process (above)
- D.R. Familiarisation Steps for Councillors.
- Announcement to Owners of Council’s Commencement of A&I Planning
- Rendering D.R. PDF to Extractable Content File Format
- Assessing Importance of Components as “Big Ticket” or “Small Beer” Items
- Creating Summary of 5-Year Outlook for Condition of Components
- Evaluating 5-Year Components Maintenance Costings Estimates for Over / Under Treatment
- Deferring Repairs / Replacements of Selected Components over Next 5-Years
- Adapting CRF Contributions Levels
- Appending Council’s D.R. A&I Plan Content to SC Minutes (incl D.R. Report)
- Compiling a Master Maintenance Agenda – Operating Budget Items & CRF Components