Kiama Council’s 2022-23 Annual Financial Statements show a continued improvement in accounting processes and overall bottom line.
Council recorded an overall loss of $7.7m for 2022-23, a $2.4m improvement compared to the previous financial year which showed a loss of $10m.
CEO Jane Stroud said the continued reduction in Council’s deficit was a tribute to the perseverance of the entire organisation in taking on the challenge of structural and financial reform.
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