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 Idiots in Government: OZschwitz council facing $200 million in lost revenue due to botched merger

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RR Phantom

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Idiots in Government: OZschwitz council facing $200 million in lost revenue due to botched merger Vide
PostSubject: Idiots in Government: OZschwitz council facing $200 million in lost revenue due to botched merger   Idiots in Government: OZschwitz council facing $200 million in lost revenue due to botched merger Icon_minitimeMon Jun 05, 2017 10:09 pm
The NSW government's bungled council merger policy is set to cost a Sydney council $200 million in lost revenue over the next decade, leaving ratepayers facing potential rate hikes and a decline in services, as the council struggles to keep its books in the black.

Idiots in Government: OZschwitz council facing $200 million in lost revenue due to botched merger 1496660701148

After banking over $14 million in surplus last financial year, Hornsby council's financial position is projected to plummet to a $1.7 million surplus this year, as a result of the botched merger with Ku-ring-gai council.

http://www.smh.com.au/nsw/hornsby-council-facing-200-million-in-lost-revenue-due-to-botched-merger-20170605-gwkokk.html
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