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Council leader says local authority is ‘far from going bust’

Friday, July 10th, 2020 7:41am

By Local democracy reporter - Aaron Ibanez

The leader of Douglas Council says a loss of income over lockdown is of ‘genuine concern’, but insists it has fared well after the impact of Covid-19.

A report into the local authority’s finances was ‘painting the worst case scenario’ according to David Christian, despite reserves said to be at ‘uncomfortably low levels.’


To recoup some of its losses, the council has taken the decision to hand both Chester Street and Drumgold Street car parks back to the Department of Infrastructure.


 

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