Coun­cil posts strong half year fi­nan­cial re­sult

Mansfield Courier - - OPINIONS/PEOPLE -

WHILE Mans­field Shire Coun­cil strug­gles to meet bud­get­ing re­straints, Be­nalla coun­cil has re­alised a $442,000 favourable op­er­at­ing re­sult for the half year to De­cem­ber 31, 2016.

The re­sult in­cludes a $285,000 sav­ing in em­ployee costs af­ter the 2016 staff re­struc­ture.

This comes from an in­ter­nally driven strat­egy of re­duc­ing over­heads and staff num­bers, re­al­is­ing a $1.1M re­duc­tion in op­er­at­ing costs.

Be­nalla coun­cil chief ex­ec­u­tive of­fi­cer Tony McIl­roy said “The re­sult is a re­sponse to the tight­en­ing of fi­nan­cial re­sources, which has been in­flu­enced by the State Gov­ern­ment rate cap of 2.5 per cent for 2016/17 and which will be two per cent for 2017/18.

“The half year mark is a crit­i­cal point in de­ter­min­ing the full year fore­cast to June 30, 2017 and is the foun­da­tion for the 2017/18 bud­get,” Mr McIl­roy said.

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