Moreland Council expects $12 million in revenue due to the coronavirus restrictions
Moreland Council is bracing for a heavy financial impact on its operations expected in the millions. And it’s going to affect works and projects across the municipality.
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Moreland Council is expecting a $12 million hit to revenue following the statewide coronavirus restrictions.
The council is projecting a loss of between $12 and $13 million in revenue over the 2019-20 and 2020-21 financial years, with officers preparing a report on how it will affect capital works projects.
The council did not answer Moreland Leader’s questions on which specific projects would be postponed or impacted.
Mayor Lambros Tapinos said his priority was to continue providing services to the community.
“We have reviewed our expenditure and cashflow to ensure we can continue to provide services and we will continue to do this throughout the COVID-19 pandemic so that services continue uninterrupted,” Cr Tapinos said.
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Cr Tapinos said it had been his priority to ensure services continued either unaffected or with a change in delivery to ensure staff and community health and safety.
The council did not respond to questions regarding whether it would freeze rates to alleviate some financial pressures caused by coronavirus restrictions.