Why doesn't Council work within currrent budget?
Why doesn't Council work within current budget?
In addition to continuing to seek efficiencies, the difficult alternatives are to reduce current service levels and programs provided by Council to the Community or increase funding levels.
Council has a long history of delivering a balanced budget and currently has an extremely low debt level of only 1% of income. This is largely because of the City's ability to fund new projects from reserve funds created by the sale of assets (for example the Gasworks).