Friday, 4 May 2012

Thurley for Council

Thurley for Council

The Albury Council's debt will rise to $65 million by 2015 but we are supposed to be reassured that it is considered reasonable by the NSW Department of Local Government.  Amongst 44 comparable councils which include Wagga, Tamworth, Dubbo, Orange and Griffith, we have the 6th worst (2009/10) figures for asset to debt ratio.  By the way we have the 3rd highest rates and the 4th highest number of full-time equivalent employees.  What is perhaps worst about the debt (remember that we all have to borrow money to finance big projects) is that the trend is upwards.  Is there a plan to fix this?

If you listen to our Councillors it seems that it is unimportant - they want the Cumberoona fixed, the Uiver repaired and displayed and so on.  When was the last time you heard them have a serious discussion about council finances?  We need new blood with some new thinking on COuncil.

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