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Burnie, Devonport councils in the black

October 24, 2023 9:47 am in by

The Coast’s two cities have both recorded surpluses for the financial year ended June 30th.

The Devonport City Council has released its annual report, showing a $4.67 million surplus, while a report to be tabled at tonight’s Burnie City Council monthly meeting for October shows a surplus of $1.82 million.

Devonport’s general manager Matthew Atkins says income exceeded the budget by $1.9 million and the council had managed to deliver $14 million in capital expenditure, which included major road renewals and continuation of the Don to Leith section of the Coastal Pathway project.

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Meanwhile, Burnie general manager Simon Overland says Burnie’s bottom line was boosted by a better than expected revenue performance, up by 8 per cent, and contained expenditure 1 per cent better than budgeted.

The surplus for Burnie is only the third time since 2012, but its second consecutive budget back in the black.

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