Chapter 3: Future Demand ..................................................................................................... 26 3.1 Demand Drivers ......................................................................................................................... 26 3.2 Demand Forecast ...................................................................................................................... 27 3.2.1 Population Growth ....................................................................................................................... 27 3.2.2 Demand Forecasts ...................................................................................................................... 29 3.2.3 Improved Levels of Service ......................................................................................................... 31 3.2.4 Climate Change .......................................................................................................................... 31 3.2.5 Resilience .................................................................................................................................... 31 3.3 Demand Impact on Assets ....................................................................................................... 32 3.4 Demand Management Plan ...................................................................................................... 32 3.5 Asset Plans to Meet Demand ................................................................................................... 33 Chapter 4: Life Cycle Management Plan ............................................................................... 34 4.1 Physical Parameters ................................................................................................................. 35 4.1.1 Asset Capacity/Performance....................................................................................................... 36 4.1.2 Stormwater Conveyance ............................................................................................................. 37 4.1.3 Performance ................................................................................................................................ 37 4.1.4 Asset Condition ........................................................................................................................... 38 4.1.5 Asset Valuation ........................................................................................................................... 39 4.1.6 Stormwater Strategy ................................................................................................................... 41 4.2 Infrastructure Risk Management Plan .................................................................................... 43 4.3 Routine Operations and Maintenance Plan ............................................................................ 44 4.3.1 Operational Management ............................................................................................................ 45 4.4 Renewal Replacement Plan...................................................................................................... 47 4.5 Creation/Acquisition/Augmentation Plan ............................................................................... 49 4.6 Disposal Plan ............................................................................................................................. 50 Chapter 5: Financial Summary .............................................................................................. 51 5.1 Financial Statements and Projections .................................................................................... 51 5.1.1 Operational Maintenance Expenditure ........................................................................................ 52 5.2 Funding Strategy ....................................................................................................................... 53 5.2.1 Operational Expenses ................................................................................................................. 53 5.2.2 Development Contribution Policy ................................................................................................ 54 5.3 Valuation Forecasts .................................................................................................................. 55