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FORM 2SHEFFIELD CITY COUNCIL Individual Cabinet Member ReportReport of: Loraine Manley Report to:Stoneware Richards Acting Cabinet Member for Neighborhoods Date: 8th October 2015 Subject:Asset of
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How to fill out asset of community value

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Step 1: Gather all relevant information about the community assets, such as property documents, financial records, and valuation reports.
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Step 2: Identify the different types of community assets, such as public parks, community centers, and infrastructure.
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Step 3: Prepare a comprehensive list of all the assets, including their location, condition, and current value.
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Step 4: Determine the purpose of creating the asset of community value, whether it is for financial planning, grant applications, or community development.
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Step 5: Assign a team or individual responsible for maintaining and updating the asset of community value.
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Step 6: Implement a system to regularly review and update the asset of community value, taking into account any changes or additions to the assets.
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Step 7: Share the asset of community value with relevant stakeholders, such as local government officials, community organizations, and potential investors.
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Step 8: Continuously monitor and evaluate the impact of the asset of community value, making necessary adjustments and improvements.

Who needs asset of community value?

01
Local government authorities who are responsible for urban planning and development.
02
Community organizations that require accurate information about community assets for advocacy and fundraising purposes.
03
Potential investors who are interested in investing in community development projects.
04
Financial institutions that may require the asset of community value for loan assessments and risk analysis.
05
Grantors and funding agencies who need to assess the community's potential for receiving grants and funding support.
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Asset of community value is a designation given to a property or land that holds significant value to the local community and is protected from being sold or developed without community involvement.
Any individual, group, or organization that believes a property or land holds significant value to the local community can file for asset of community value designation.
To fill out asset of community value, one must submit a formal application to the local authorities detailing the reasons why the property or land is of significant value to the community.
The purpose of asset of community value designation is to protect properties or lands that are important to the local community from being sold or developed without community involvement and consultation.
The application for asset of community value designation must include detailed information about the property or land, its significance to the community, and the reasons why it should be protected.
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