Something Is Not Working - $7.78 Million Deficit
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About this listen
In 2012, the current Mayor took office for his first term with a $9,000 surplus in the Employee Health Insurance Fund.
In his first year this fund broke even with an ending balance of $0.
The following year the fund went negative and never stopped.
June 30th, 2023 the fund sat with a $7.78 Million Deficit!
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.