Northern Rivers News

RICHMOND VALLEY FINANCES STARTING TO LOOK UP

Richmond Valley Council’s financial situation is improving, according to a recent report.

Two years ago, the New South Wales Treasury Corporation found the council was facing a financial crisis.

But recently it’s been given a more positive report card, re-rated by the corporation as being in a moderate sustainability position with a neutral outlook.

General Manager John Walker says the re-rating is the result of council’s financial operations overhaul.

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