Last year, I
established that the Cairns Regional Council was so broke that it had no money
to seal a single driveway, despite an initial undertaking to do so. Now we learn that the largess of our elected
council, most ably demonstrated by their decision not to levy development
application charges, has now put them into a position which, in any normal
business, would almost equate to bankruptcy.
If the reports in The Cairns Post are to be believed, the Council is out
of pocket in the sum of 14 MILLION dollars.
It seems clear
enough, at least to this writer, that every ratepayer within the area of the
Cairns Regional Council is footing the bill for this largess and it is US who
will end up paying for it with higher charges – and less chance of services
such as a simple driveway.
There seems to be no
quick fix for this, so how about this for an idea :-
Every ratepayer
within the boundaries of the Cairns Regional Council area shall be shareholders
in those developments approved by Council.
Effectively, it is us who have given that 14 million dollars to the
property developers, so we must be entitled to a share of the profits from the
enterprises. All those in favour?
AYE!
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