HomeMy WebLinkAbout04.f. Conduct biennial review of Board Policy BP 015 Page 1 of 3
Item 41
CENTRAL SAN
August 2, 2022
TO: ADMINISTRATION COMMITTEE
FROM: KATIE YOUNG, SECRETARYOF THE DISTRICT
REVIEWED BY: KENTON L. ALM, DISTRICT COUNSEL
ROGER S. BAILEY, GENERAL MANAGER
SUBJECT: CONDUCT BIENNIAL REVIEW OF BOARD POLICY BP 015 - ASSET
MANAGEMENT
Attached is a copy of the above referenced Board Policy, which is being presented to the Committee for
biennial review.
Staff has no recommended changes to this policy. If the Committee concurs, the policy will remain as it is
and will be reviewed again in two years. However, if the Committee recommends changes, the policy will
be brought to the full Board for consideration of any proposed revisions.
Strategic Plan re-In
GOAL ONE: Customer and Community
Strategy 1—Deliver high-quality customer service
GOAL FOUR: Governance and Fiscal Responsibility
Strategy 1 - Promote and uphold ethical behavior, openness, and accessibility
GOAL FIVE: Safety and Security
Strategy 1 - Reduce and eliminate risks of injury or illness, Strategy 2- Protect personnel and assets from threats and
emergencies, Strategy 3- Understand and reduce impacts of cybersecurity attacks
ATTACHMENTS:
1. BP 015 -Asset Management
August 2, 2022 Regular ADMIN Committee Meeting Agenda Packet- Page 48 of 52
ATTACHMENT 1 Page 2 of 3
Number: BP 015
Authority: Board of Directors
Effective: November 20, 2014
Revised: November 3, 2016
Reviewed: July 21 , 2020 CENTRALSAN
Initiating Dept./Div.: Engineering/ Planning & Development
BOARD POLICY
ASSET MANAGEMENT
PURPOSE
The purpose of this Board Policy is to recognize that the District
• has invested significant resources in its assets, and
• aims to optimize the management of these assets to deliver high quality and reliable
services in a sustainable manner with an acceptable level of risk.
DEFINITION
An asset pursuant to this Policy refers to both physical and software assets and is defined as
having a replacement value greater than $5,000 and a useful life of at least two years.
POLICY
Asset management is a broad strategic framework that encompasses many disciplines
involving the entire District. In support of its Mission, Vision, and Strategic Plan, the District
sets forth the following directives related to asset management:
Data and Knowledge
The District will maintain a comprehensive asset register to facilitate management over the
assets' lifecycle.
Information Systems
The District will make capital and ongoing investments sufficient to own, operate, and maintain
a reliable and state-of-the-art security-protected information management system that supports
timely, evidence-based decision making at all levels of the organization.
Processes and Practices
The District will develop processes, procedures and practices for staff in support of this Policy
using industry accepted guidelines and practices to provide consistency across the
organization.
August 2, 2022 Regular ADMIN Committee Meeting Agenda Packet- Page 49 of 52
Page 3 of 3
Number: BP 015
ASSET MANAGEMENT
Page 2 of 2
People
The District will implement education, training, and mentoring programs to ensure that asset
management practices are widely communicated, understood, and implemented throughout
the organization.
Organization
The District will establish organizational responsibility to lead and manage a comprehensive
asset management program.
[Original Retained by the Secretary of the District]
August 2, 2022 Regular ADMIN Committee Meeting Agenda Packet- Page 50 of 52