Government Finance Statistics (Local Government): Year ended June 2011

Embargoed until 10:45am  –  27 July 2012
Media release  – 

Key facts

 

In the year ended June 2011:

  • Local government net operating surplus (revenue less expenses) declined to $0.3 billion.
  • Local government revenue increased to $8.4 billion.
  • Local government expenses increased to $8.0 billion.
  • The net borrowing position in 2011 was down to $0.8 billion.

 

Graph, operating balance and net borrowing position, year ended June, 2009, 2010, and 2011. Graph, revenue and expenses, year ended June, 2009, 2010, and 2011.
 
Geoff Bascand  27 July 2012
Government Statistician  ISSN 2230-5351