Tag: finance
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CEO ON LEAVE AS COUNCIL SEEKS LOANS OF UP TO $100M
Central Coast Council’s CEO is now on leave and councillors fear they may be placed under an administrator as it grapples with an $89 million deficit. The organisation may seek up to $100 million in loans to deal with the initial crisis, while capital works spending and non-essential services have been slashed.
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COASTIES COULD HAVE STAKE IN $4.4 MILLION OF FORGOTTEN CASH
The Central Coast has the most unclaimed cash in regional New South Wales, with more than $4 million awaiting its rightful owner. The Office of State Revenue is holding onto the combined sum because contact details are out of date, or the owner has forgotten. It’s encouraging us to use its website to see if…