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Mayor credits 'responsible' management as council slashes its debt
The council posted a $19.1 million operating surplus and cut debt 15.05% after legal recoveries and lower spending, Mayor Adam Shultz said.
Summary by Newcastle Herald
3 Articles
3 Articles
dungogchronicle.com.au+2 Reposted by 2 other sources
Mayor credits 'responsible' management as council slashes its debt
Lake Macquarie City Council paid down $33.4 million in debt, reducing total borrowings to $188.6 million. Discover how responsible management led to a $19.1 million operating surplus.
Coverage Details
Total News Sources3
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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