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...