A Study on the Use of Fixed Asset Ledger Data of Local Governments for City Planning in the Era of Urban Renewal in Response to Ageing Public Facilities and Declining Population

This study attempts to analyze the degree of ageing of PFIs by district and facility type using the fixed asset ledger, which provides important information related to the degree and scale of ageing like acquisition price, years of service life and years of operation.By providing some index indicating the degree and the scale of ageing based on the ledger, the study draws implications for restructuring and planning of PFIs.By the analysis, the study found that the use of fixed asset ledger makes it possible to clarify and compare the degree of ageing of PFIs by facility type and by district, using the same indicators.In the case of Iga City, the analysis of the ledger revealed that the suburban and rural areas are exclusively concerned with the renewal of infrastructures, particularly bridges, whereas in the central area, measures to address the ageing of public facilities are simultaneously required as well as infrastructures.But it was also found that there are a number of challenges to the use of fixed asset ledgers by the study, including the accuracy of the data of the ledgers and the limitation to rely on the accounting theory.