Swimming in cash

COCKBURN’S new flagship leisure centre Cockburn Arc has been so successful it’s left the council swimming in cash.

Releasing his mid-yearly update on the council’s progress this year, Cockburn CEO Stephen Cain last fortnight revealed a handy $1.26 million windfall due to unexpected demand for the $109m facility.

As a result, the gym has already been expanded to cater for the surging demand.

On the spending side of the ledger, the council’s fallen a bit behind this year on both its operating ($4.62m) and capital expenditure ($7.98m).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s