Steadfast in his role to improve council finances

Cr Jared Wright

Newly elected Central Coast Councillor Jared Wright remains steadfast in his view that improving Council finances must be a critical priority for all councillors this term, reiterating his election commitment to focus on returning the Council to surplus.

“Both monetary and fiscal measures will be needed in the quest towards budget surplus and all councillors will need to make tough decisions this term to deliver the long-term needs of the region,” Cr Wright said.

“The Central Coast community is at an inflection point as we leave administration behind and look forward to a brighter future.

“There are a number of opportunities that lie ahead to reduce our expenses but to also bring in more money and we must work with council staff to help make this happen.”

Cr Wright acknowledged that local families were doing it tough with the cost of living and said that limiting further rate increases was one of the best ways Council could support them at this time.

“To do this, we need to improve our overarching financial platform both in the short term and as we pen our plans for the future,” he said.

Cr Wright said he was passionate about investigating ways to reduce Council expenditure and better utilising existing assets, such as Central Coast Stadium, to draw in further revenue and improve the overall financial position.

“By repairing the debt, we can better fund the infrastructure, services and facilities that our community needs from local roads to sporting fields,” he said.

“I look forward to working with Council staff and my fellow councillors to deliver on this objective.

“As a young person, I am passionate about ensuring that my generation and our children have access to the same opportunities as our parents and that starts with good governance and strong financial management.”

2 Comments on "Steadfast in his role to improve council finances"

  1. The Council has reported a surplus for the past three financial years. Cr. Wright would benefit from understanding the basic financial terms—like the differences between debt, deficit, and surplus—before addressing the media.

  2. Marilyn Murphy | October 23, 2024 at 12:34 am |

    Yes that’s fine as long as they don’t shut down or sell off the council owned child care centres.

Comments are closed.