By Nasik Swami The Tatiara District Council is headed for a $2.9million loss this financial year, thanks to some “extraordinary circumstances”. The loss, which the council administration says is “largely due to grants not received yet,” was discussed at the council’s meeting in Bordertown on June 13. When asked by this newspaper for some clarity on the loss, council chief executive officer Anne Champness said the deficit included carry forwards and that it was important to understand where council revenue came from. “A large part of the projected deficit is related to grant payments, which include both payments received in the previous financial year, the 2021–22 financial year for this current financial year, and grants expected to be paid in this financial year at the time of setting our 2022–23 annual budget but now likely to be received in 2023–24 instead,” Ms Champness said. “Another significant component of the deficit […]
Council heads for $2.9m loss
THE LAST ISSUE SUBSCRIPTION
Unable to buy your copy of The News in person? Purchase this week’s issue online.
$2.50
MONTHLY SUBSCRIPTION
Access to a whole month of news to keep updated on what’s going on.
$10.00
ANNUAL SUBSCRIPTION
This one-time purchase allows you to read 49 issues from The News and learn all that is going on in our community.
$120.00
Subscribe to continue reading
If you want to continue reading this and more articles, subscribe to The News
We look forward
to hearing from you!
Contact us to share your stories with our community.
