The Shire is governed and administered by the Corangamite Shire Council; its seat of local government and administrative centre is located at the Council headquarters in Camperdown, it also has a service centre located in Cobden. The Shire is named after Lake Corangamite, a major geographical feature in the region.
The council is composed of five wards and seven councillors, with three councillors elected to represent the Central Ward and one councillor per remaining ward elected to represent each of the other wards.
^ abVictoria Government Gazette – Online Archive (1837–1997). Order 1: Part 3—Shire of Corangamite. "S63 – 23 Sep 1994". State Library of Victoria. State Government of Victoria (published 23 September 1994). pp. 3–4. Retrieved 10 December 2013.Check date values in: |date= (help)
^Local Government in Victoria. "Corangamite Shire Council". Department of Transport, Planning and Local Infrastructure. State Government of Victoria. Retrieved 10 December 2013.