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Government Finance Statistics (Local Government): Year ended June 2013
Embargoed until 10:45am  –  23 July 2014
Key facts

In the year ended June 2013 compared with the year ended June 2012:

  • Local government's net operating surplus was $1.0 billion, which doubled from 2012.
  • Operating income increased 3.2 percent to $9.0 billion, and expenses decreased 3.0 percent to $8.0 billion.
  • Net borrowing was $1.1 billion, compared with $0.5 billion in 2012.
  • Total net worth was $101.3 billion, up from $99.6 billion.
  • Total assets increased 2.5 percent to $114.2 billion.
  • Total liabilities increased 8.9 percent to $12.9 billion.

Graph, Operating balance of local government, year ended June, 2009 to 2013.

Colin Lynch, Acting Government Statistician
ISSN 2230-5351
23 July 2014

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