COVID-19 impact: Geraldton council predicting $3m deficit
The City of Greater Geraldton has forecast a $3 million deficit in light of falling revenue due to the COVID-19 pandemic.
Geraldton mayor Shane Van Styn said the City had seen a $6 million drop in revenue from reduced fees and charges at council-owned businesses.
Originally, the 2019 to 2020 budget had forecast a $100,000 surplus but, under the new circumstances this has been revised to a $3 million deficit.
The City had previously announced a budget cut of $3 million at the council meeting on March 24 to reduce council spending during the pandemic.
Mr Van Styn said the local government sector had not received any financial packages from the Federal and State Governments and was lobbying for assistance.
WA Local Government Minister David Templeman this week said councils needed to “lift their game” and look at cost-saving measures instead.
“Local governments need to recognise it’s no longer business as usual,” he said.
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