Quarterly Budget Review Statements Guidelines Reviewed

Office of Local Government (OLG) has revised the Quarterly Budget Review Statement (QBRS) Guidelines for Local Government following consultation with councils on the draft Guidelines in April 2025.

LGNSW was pleased to be part of the consultation process and provided a submission to OLG on this matter.

The objective of the QBRS is to ensure councillors have effective oversight and are in control of the financial performance of their council.

The QBRS reporting requirements in the guidelines are mandatory for all NSW councils, including the use of standardised QBRS templates and reporting at the fund level.

Councils are required to start reporting the first quarter QBRS under the new Guidelines by no later than 30 November 2025.

View the Guidelines

For more information email OLG.

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