Local Government Assets: Asset Management and Compliance

Tabled: 23 May 2019


At 30 June 2018, the 79 Victorian councils controlled $102.1 billion in assets and infrastructure, including land, roads, buildings, drains, footpaths and bridges. Our previous audits of councils' asset management practices over the past 15 years have identified persistent weaknesses in their asset management. Councils require accurate asset information to comply with state and federal disaster response programs—if their asset management programs are noncompliant, they risk being unable to access funding.

In this audit, we assessed whether local councils accurately document infrastructure assets in their information systems and use this data in their asset management and planning.

We audited five councils: Colac Otway Shire, Nillumbik Shire Council, City of Darebin, Hindmarsh Shire Council and Mildura Rural City Council.

We made seven recommendations to Victorian councils to support improvements in their asset information management and use.

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