Asset?

walsworth

Journeyman
Joined
Jul 19, 2006
Messages
1,718
Location
North Herts
While I was on the County Council site to report some potholes I spotted the following paragraphs. I'm puzzled as to how roads can be described as an asset and given a monetary value. Who could they sell them to?

"Keeping Hertfordshire’s roads up to scratch is an ongoing challenge for Hertfordshire Highways. Not only do we have some of the busiest roads in the country, but with both car and commercial vehicle usage in the county rising, the amount of wear and tear on our roads is also on the increase.

The highway network is the county council’s most valuable asset and is currently valued at over £3.2 billion. However, with the high level of use, our roads are depreciating at a rate of over £50 million each year."
 
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