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Budgetary Oversight Highlights Large Expenditures and Loans
The report shows total expenditure to June 30 at about £214,400 with a budget of £280,000, leaving £66,100 unspent. Major overages include plant maintenance and road works. emergent sums were declared totaling £40,000 plus £15,151. Electricity and stock routes also contributed to excess costs, while receipts slightly exceeded budgets in several funds. The council plans loan allocations for river water filtration, bore water, War Memorial, and housing, with adjustments to divert funds from nonessential projects to priorities like electricity, roads, and a new street alignment plan.
MENTIONED IN THIS ARTICLE
Council
Bogewong Bridge
Harris
Stock Routes Improvement Fund
Treasury
Shir
War Memorial
Recreation Reserve
Sumen
Shire
Engle Street
Bowling Green
Edkins