The Victorian Auditor General’s Office tabled a report on Business Planning for Major Capital Works and Recurrent Serives in Local Government on 14th September 2011.
Victoria’s 79 council’s collectively spend around $7.6 billion on capital works and recurrent services each year, and manage over $60 billion in community assets and infrastructure.
The audit examined a representative selection of councils to determine whether they had effectively integrated their planning and budgeting, considered the long-term sustainability of selected investments and produced accurate and reliable budgets and forecasts. Some councils were found to be good in this area whilst others were ofund to be lacking.
Access the results here
A speaker from the Victorian Auditor Generals Office will speak at the IPWEAvic Strategic Contract Management and Procurement Conference scheduled for 6th October at Melbourne Exhibiton Centre on Performance Audits. Download details of the conference here
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