Lake Macquarie City Council announces $10.9 million surplus in audited 2017/18 financial results

By Nick Bielby
Updated November 5 2018 - 9:39am, first published November 1 2018 - 11:45am
NUMBERS: The audited financial statement will be presented at a public meeting at the council chamber on Wednesday, November 7. Picture: David Stewart
NUMBERS: The audited financial statement will be presented at a public meeting at the council chamber on Wednesday, November 7. Picture: David Stewart

A growing surplus and a decreasing infrastructure backlog are the cornerstones of a 2017/18 financial year result that Lake Macquarie mayor Kay Fraser says shows the city is in “a fantastic position”.

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