Council

CEO $380,000 termination payment explained

Central Coast Administrator, Dick Persson, has issued a statement to explain his decision to make a $380,000 termination payment to former Chief Executive Officer, Gary Murphy. “Ratepayers’ anger about my…


Consultation underway on a rate rise

Central Coast Council has commenced a formal community consultation for their proposed rate rise of between 10-15% to cover the repayment of restricted funds accessed over the last several years….


Litany of errors date back to 2016

A specialist accounting firm that works with councils appears to have shed more light on the cause of Central Coast Council’s financial woes. LG Solutions looked at Council’s publicly available…



Council declares war on graffiti

Central Coast Council is declaring a war on graffiti this summer, with a new region-wide strategy adopted, and appeals to residents to play their part. The Central Coast Graffiti Management…








Council is seeking a $100M loan

Central Coast Council is on the hunt for another loan, this time for up to $100M. This comes on top of a loan for $50M secured in November. “Negotiations with…




Auditors in Council’s sights

Auditors are in the sights of Central Coast Council about advice provided on the reporting of restricted funds. It appears this may have led the Council to believe it had…




Council’s debt blows out to $565M

Central Coast Council has racked up a $565M debt, it was announced on December 2 when interim Administrator Dick Persson delivered his 30-day report on Council’s financial crisis. The debt…