This study objective is to provide empirical evidence the effect of population size, region wealth, per capita income, leverage and district administration type on web- based financial statements disclosure by local government in Indonesia. The problem is only 30 from 34 provinces in Indonesia have website that can be accessed by public and about 43.5% of Indonesian province reveal financial statements at website. Budget realization reports become main components expressed in website (60%). the lowest component is notes disclosure to financial statements 17%) where it is a narrative of details explanation in financial statements and essential to convey. This research use observation method through web-based financial statements exposure. Study populations are all local governments in Indonesia, provincial, city and county. Local governments in Indonesia are 34 provincial governments, 93 municipalities and 403 district administrations. Research results showed that: (1) population has significant positive effect on web-based financial statements disclosure by local governments in Indonesia; (2) Region wealth has no effect on web-based financial statements disclosure by local governments in Indonesia; (3) Per capita income has significant positive effect on web-based financial statements disclosure by local governments in Indonesia; (4) Leverage has no effect on web-based financial statements disclosure by local governments in Indonesia; (5) District administration type has significant negative effect on web-based financial statements disclosure by local governments in Indonesia