I absolutely admire the Media and PR department at BMCC. They are the best of the best.
Last October 2015 we received our rates notice with a newsletter from our mayor, Mark Greenhill saying …
At the time he said this, BMCC was already forecasting an $8.6 million loss for this year. Now it has blown out to a $10.1 million loss.
In late May, the Blue Mountains’ Gazette published my letter challenging Mark to explain why he made what appears to be a blatantly untrue statement. There was no response from our mayor. I believe that Mark’s silence condemns him.
The latest loss figures are massive for a small council. Does it mean BMCC is going to do an Oliver Twist and ask again for more rates rises?
The NSW Treasury Corporation (TCorp) has assessed BMCC as having “Weak” financial sustainability with a “Neutral” outlook.
You may also be interested in how BMCC uses Creative Accounting to improve their bottom line.