Introduction
Since 2010, the council has received less money from the government. Because of this, we need to make sure we are using our land and buildings in the best way possible.
We need to simplify our property portfolio and sell off land and buildings that are not very useful to us. This means that we can use and invest in our remaining buildings more effectively to make sure they help us provide services to the community.
The council's property portfolio can be divided into two categories:
- Assets that help us provide services directly
- Assets that make money and also help the community
In some cases, assets may not provide enough financial or other benefits any more. In these cases, community asset transfer may be an option to bring social and other benefits to the community.
As a council that believes in cooperation, we believe that community asset transfer can, in some cases, give local people and organisations more control over the future of their community. This guidance recognises the potential benefits of asset transfer for the community, the organisation proposing the transfer, and the council.
Changing ownership or management of an asset can potentially extend its use, making it more valuable to the community. It may also attract additional resources to an area and empower local residents by raising aspirations and a sense of belonging. In this way, community asset transfer can strengthen the local economy, environment, and community/voluntary sector.
However, the council recognises that community asset transfer may not always be the best way forward. There may be other outcomes or priorities that are more important.
This guide provides a structured way to evaluate the benefits and drawbacks of community asset transfer to ensure an informed decision.