Financial Management

Asset Management Guidelines

These Guidelines form part of a suite of best practice guidelines developed to provide support to local governments in their asset management.

• 2006 Local Government Asset Investment Guidelines (PDF 1.38mb) and Local Government Asset Investment appendices (PDF 209kb)
• 2006 LG Investment Guidelines Business Forecasting Model (Excel 27kb)


• 2006 Guidelines for Reporting and Measuring the condition of Road Assets (PDF 775kb)


• 2006 Accounting for non-current physical assets under AASB 116 (PDF 165kb)


• 2004 Guidelines for Developing an Asset Management Policy, Strategy and Plan (PDF 1.6mb)


• Guidance Note – Fair Value Asset Valuation Methodologies for Victorian Local Governments (PDF 508kb)


• 2006 Accounting for non-current physical assets under AASB 116 (PDF 165kb)


• Asset Management Initiative Brochure (PDF 270kb)


• Sustaining Local Assets: Local Government Asset Management Policy Statement (PDF 400kb)

Financial Reports and Standard Statements

The model Financial Reports and Standard Statements are produced to assist councils.

• 2009 Model Financial Report (PDF 381 kb) or 2009 Model Financial Report (Excel 1239 kb)
  
• 2008 Review AASB7 Financial Instruments - Disclosures (Word 235 kb)
  
• 2008 Model Financial Report (PDF 373 kb)


• 2007 Model Financial Report (PDF 247 kb)


• 2006 Model Financial Report (PDF 337kb)


• 2006 Standard Statements (PDF 27kb)


• 2004 Standard Statements – A Guide (PDF 1.1mb)


• Impact of GST on Local Government (PDF 249kb)

Rates and Charges

• Special Rates and Charges - Ministerial Guidelines (PDF 147 kb)

Local Government (Rating Arrangements under the Electricity Industry Act 2000) Review Panel, Final Report – May 2005

In August 2004, a panel was appointed to review the framework currently applied under the Electricity Industry Act in the determination of amounts to be paid by electricity generators in lieu of council rates. The central part of the panel’s task was to see whether or not it was possible to develop a clearer and more robust basis for the payment amounts. This document is available online only.

Final Report – Local Government Review Panel (PDF 638kb)

Web Site Updates

DPCD's websites are progressively being updated to reflect the changes following the establishment of the department. This means you will continue to see some references to the Department for Victorian Communities (DVC) as changes are being made.