Friday,
3 May 2024
Council surplus plunges $1.95m

WANGARATTA council's accounting surplus is expected to drop $1.95 million by the end of the 2023/24 financial year.

A report on the second quarter budget review tabled at council's last ordinary meeting indicated decreases to the accounting surplus of $1.95m and to the adjusted underlying operating result by $5.7m.

This was primarily driven by a conservative restatement of forecasted operating gran...

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