A significant one-third of Queensland councils are at high risk of not being financially sustainable, as they battle low cash flows and extra costs amid the COVID-19 crisis. The worrying finding has been made in a new report by Auditor-General Brendan Worrall, who has revealed that 70 per cent of the state s local governments spent more than they earned in 2020. Mr Worrall said the deteriorating condition of the councils finances was not unexpected , pointing to the measures they took to support their communities during the pandemic as well as the impact travel restrictions and lockdowns had on revenues. And they took on more expenses, by bringing forward capital projects, maintaining border controls and being lumped with increased cleaning costs for council and public facilities.
One-third of QLD councils on financial brink
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One-third of QLD councils on financial brink
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