LGFA is the largest lender to the New Zealand Local Government sector with almost 90% share of sector lending to sixty-four councils with loans outstanding to the sector as at 30 June 2019 of $9.3 billion. LGFA undertakes an ongoing review of each individual council borrowers’ financial position and that of the wider sector. As part of that review and monitoring process we have summarised what we believe to be best practice in financial management. We encourage all councils to follow best practice where possible.
Please download the LGFA Best Practices document Here >>