The Adelaide Hills Council’s budget deficit has nearly doubled from $1.7 million to $3 million, with legal costs playing a key role in the financial strain.
According to The Advertiser, CEO Greg Georgopoulos has defended the council’s financial approach, stressing a commitment to best practice accounting.
Georgopoulos attributed the deficit increase to a reassessment of financial assumptions and stated that despite the setback, the council remains financially strong.
Legal expenses alone are projected to reach $400,000, further adding to budgetary pressure.
The financial issues arise amid internal controversies, including misconduct allegations against Mayor Jan-Claire Wisdom and staff departures. The council lost 49 employees last year, including key senior directors, adding to governance challenges.
While Georgopoulos assures improved fiscal management, concerns remain over the ongoing legal disputes and their impact on the council’s long-term stability.
Source: The Advertiser.
