The latest figures for the Council’s June 30 position will be tabled at the July 26 Council meeting and show the Council has $652.2M in cash and investments with external borrowings of $313.3M as of June 30. Total net return on the portfolio for Council in June, comprising entirely of interest earned, was $845k. During June, principal loan repayments of $6.0M were … [Read more...] about Latest figures show Council in good position
Central Coast’s Local Planning Panel has an extra person to cater for extra work
Two additional expert or professional members have replaced one expert member and the panel's term has been extended to February 2024. The term has been extended along with State Government directions. Stacey Brodbeck and Michael Ryan will replace Garry Fielding who has withdrawn from the panel as a result of other commitments. The panel is scheduled to meet this … [Read more...] about Central Coast’s Local Planning Panel has an extra person to cater for extra work
Greens demand a return to democracy
Not one but two petitions are now on the NSW Parliament's website asking for Council elections. The Greens say they support these grassroots initiatives by residents and encourage the minister for local government to review her decision urgently. The second petition asks the State Government to re-instate council elections in September 2022 "as promised when the council was … [Read more...] about Greens demand a return to democracy
Colongra powers up with a changed Licence condition
The Coast’s very own Colongra open cycle gas fired power station has been operating at historically high levels in recent months shoring up electricity supply to NSW. Colongra, near the defunct Munmorah power station, operates as a peaking plant, supplying electricity at short notice during periods of peak demand or system emergency situations. In June, the power station … [Read more...] about Colongra powers up with a changed Licence condition
Pensioners hit with higher increases
When IPART allowed Central Coast Council to increase water rates this financial year, it said that typical bills would represent about 1.8% of a typical Central Coast household’s income. But IPART found that the percentage increase to pensioner bills was higher compared to other groups of customers - even though the total bill would be lower. For pensioners living alone it … [Read more...] about Pensioners hit with higher increases
