5514.0.55.002 - Local Government Purpose Classification, 2008
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/08/2008 First Issue
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The Local Government Purpose Classification (LGPC) provides a framework for classifying financial transactions made by local government authorities for the purposes of general public services, public order, safety, economic affairs, environmental protection, housing, community amenities, health, recreation, culture, religion, education and social protection. The LGPC aligns with international standards such as the Classification of Functions of Government (COFOG) and is based on the Australian Government Finance Statistics (GFS) framework.
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