Government Finance Statistics (Local Government): Year ended June 2010

Embargoed until 10:45am  –  27 July 2011

Key facts

 

In the year ended June 2010:

  • Local authorities' government finance statistics (GFS) net operating balance (revenues less expenses) rose to $0.8 billion, up from $0.7 billion in 2009.
  • Local authorities' revenue was $8.1 billion, up from $7.6 billion in 2009.
  • Local authorities' expenses were $7.3 billion, up from $6.9 billion in 2009.
  • The $1.0 billion borrowing position in 2010 was $0.1 billion less than the position a year earlier, which exceeded $1.1 billion.

 

Operating balance and net borrowing position, Year ended June, 2009 and 2010. Revenue and expenses, year ended June, 2009 and 2010.
 
Geoff Bascand  27 July 2011
Government Statistician  ISSN 2230-5351