Asset sell-off plan

Cr Diane Woods wants a list drawn up of Byron Council real estate assets that can be sold to help overcome the council’s ‘stressed’ financial position.


Cr Woods will seek support for her proposal at today’s council meeting.


She will argue that money from any sales was needed for essential maintenance work across the shire and to complete major capital projects, including the new Byron Bay library.


“All I want is a list to look at what may be sold,” she said.


“Then we will determine what belongs to the community, or what the community would like to see sold.”


Cr Woods said the council’s financial situation was ‘bad’.


She said the council’s preferred surplus of about $1 million was now about $500,000.


“I don’t like fire sales, but it has to be looked at as a way and means of finishing things we have started,” she said.


“We also should be fixing our basic infrastructure. That’s what we need money for.”
 


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