Wednesday, 29 June 2016

Newcastle City Council Rating Well

BY BRIDGET GUNN

Newcastle City Council is on track to have a surplus of $5.4 million in the 2016 and 2017 financial year.

This will mean the Council should clear its backlog of infrastructure by 2020.

This surplus is a result of councils decision in 2014 to increase rates by almost fifty percent, which has seen rates increase by more than $500.