Service Devolution and Asset Transfer Policy

In Buckinghamshire Council’s devolution programme some types of assets are considered out of scope of this policy. This means that Buckinghamshire Council will not consider such requests under this policy.

Some types of assets are best managed strategically and thereby wish to be retained by Buckinghamshire Council, just as others are better managed locally.

The following asset areas are out of scope:

• assets held for investment purposes: both assets that generate a net income for Buckinghamshire Council and those held for future capital, revenue regeneration or corporate realisations.
• vacant land or buildings that may generate a capital receipt, regeneration, revenue aspirations, or corporate aspirations.
• land held for future development or with underlying development potential (both short and long term), as it would not be financially prudent to devolve land and be required to repurchase it in the future.
• car parks owned and/or run by Buckinghamshire Council where they generate income, hold an operational benefit or retain a commercial interest.
• leisure centres owned and/or run by Buckinghamshire Council.
• buildings used solely as delivery sites for Buckinghamshire Council services.
• potential buildings which may be considered as Community Access Points/Hubs in later years, to ensure maximum potential for building redevelopment/investment.