Results of 2023–24 audits: local government

Why this is important

The Victorian local government sector consists of 105 agencies, including 79 councils.

At the end of each financial year, each council and agency prepares a financial report and each council also prepares a performance statement. We audit all these reports and statements. 

As part of this audit we analyse the sector's financial outcomes and risks to financial sustainability. We also gain an understanding of councils’ internal reporting processes and corporate governance arrangements, and how these may impact their ability to finalise a financial report and performance statement in good time.

Our results of financial audits report informs Parliament on the outcome of our financial audits of local government.

Our report also informs Parliament about common control and financial reporting weaknesses in the sector and makes recommendations for improvement. 

What we plan to examine

We aim to table this report within 5 months of the sector's financial year end.

Further information

The Results of 2022–23 Audits: Local Government financial audits report was tabled on 7 March 2024.

We gave clear audit opinions for financial reports and performance statements across the local government sector. Parliament and the community can confidently use these reports.