Thursday,
21 November 2024
$1.65m income drop for rural city

WITH increasing expenses of $17.25 million, Rural City of Wangaratta realised a total income drop of $1.65 million in 2023/24, according to its annual report now adopted.

The increase was largely due to higher employee costs, inflation-driven material costs, and landfill remediation, leading to an $18.9m reduction in surplus.

At the end of 2023/24 council's debt ratio level, which is measured by...

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