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The spokesman was also unable to confirm what net present value was identified through the discounted cash flow analysis undertaken on the five projects, nor could the spokesman say when the projects had been forecast to return a positive net present value.
Sources told the
Daily when it came to commercial projects, a positive net present value was considered a critical indicator as to whether or not it was worthy of investment.
The spokesman said the type of analysis the council undertook depended on the particular project.
“Factors that will influence the type of analysis chosen will include the policy and/or community objectives that are sought from a particular project and the benefits that are expected to be derived from the project, as key considerations,” the spokesman said. ....

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