MidCoast councillors to tackle multi-million dollar deficit

By Ainslee Dennis
Updated July 12 2017 - 4:35pm, first published 4:00pm
MidCoast Council administrator John Turner says “councillors must think strategically, over a long period of time for the whole area.”
MidCoast Council administrator John Turner says “councillors must think strategically, over a long period of time for the whole area.”

MidCoast Council predicts it will be short around $12 million as it looks to the capital works, projects and services it must deliver in 2017-18.

The projected operating deficit of $12,950,879 or $11,234,553 comes as council factors in approval of the proposed Special Rate Variation that could boost rates and annual charges revenue from a projected $88,733,245 to $91,194,910.

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