Public assets are resources owned by the government or local authorities that benefit the community. These can include parks, roads, schools, and public buildings. They are funded by taxpayers and are meant to provide services and improve the quality of life for residents. Maintaining and managing public assets is essential for ensuring they remain functional and accessible. This includes regular upkeep and repairs, as well as planning for future needs. Effective management helps to maximize the value of these assets, ensuring they serve the public well over time.