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Publicly-owned assets in the Swindon area
A 'demo' map showing 180,000 assets owned by public sector bodies has been published. These include restaurants, pubs, an airport and even Swindon Town’s football stadium! It is hoped that by publishing a national asset map billions of pounds of potential savings will be identified.
Public sector assets are worth an estimated £385 billion, with almost two thirds owned by councils.
By managing publicly-owned property better the government believes that savings of £35 billion over 10 years could be made.
To help identify these savings, a ‘demo’ map showing 180,000 assets owned by central government and local councils has been published.
Among the assets shown are:
Communities and Local Government Secretary Eric Pickles said: "We need to know, now more than ever, exactly what assets are publicly owned. The general public probably have no idea of the sheer scale and scope of property and land on the public sector's books. In many cases it goes way beyond traditional frontline services.
"By cataloguing each and every asset councils can help government find innovative new ways to utilise them, improve local services, keep council running costs down and save taxpayers' money."
The map published today is only a demonstration, showing just some of the assets that are publicly owned.
However, in future all public sector organisations will be urged to publish registers of all the buildings and land they own.
To see the new public assets map, follow the link below.