Councillors have been away for their ‘budget retreat’ recently. No doubt they have been ‘nursed’ along in the process of determining their ‘priorities’ for the budget. They’ve undoubtedly also wrestled with how to pay off GESAC at the fixed rate of 8.04% for the next 15 years. On top of this there’s the $7.1 million superannuation liability that also has to be paid off. Whilst other councils are contemplating paying this in one lump sum to avoid the high interest repayment, we suspect that Glen Eira does not have this option. Imagine borrowing another $4 million or so – that’s if anyone would even lend them this amount! We’re also pretty confident that the question of a top heavy and extremely well paid administration, plus consultants galore, and an unprecedented and constant staff increase with the advent of Newton, would not have figured prominently in these deliberations! It’s therefore really refreshing to read the following from a Monash City Councillor and makes us contemplate the question – would our councillors dare ask these questions? More importantly, would they ever get the answers?
Source: http://www.monash.vic.gov.au/news/bulletin2013/february/councillor.htm

March 10, 2013 at 10:56 AM
The difference between Monash and Glen Eira lies with the ceo. One that’s determined to cut costs and one that keeps expanding staff and paying them a fortune for their loyalty.
March 10, 2013 at 4:41 PM
The Leader reported Monash as getting the best results in the last survey. This helps explain why – councillors who give a stuff about how much residents pay and an administration that wants to put a cap on staff expansion. How about offering Andi Diamond Newton’s job and she’s also a resident I’ve been told.
March 10, 2013 at 6:18 PM
Since Glen Eira’s finances are stuffed, time to get some smart people in to get us out of this mess. I don’t care where they come from, just get the right person in for all the jobs and please please please some fresh faces.
March 10, 2013 at 11:56 PM
The councillors had the chance to test the market when Newton’s term was up and wimped it. The administration runs the show here. Simple as that!
March 11, 2013 at 1:45 PM
We own a property in Huntingdale. Monash is in my families opinion is the worst Council in Melbourne.
March 12, 2013 at 12:49 AM
Maybe someone in council had the loan to make or knew someone who was connected. IT IS A REALLY PRICEY LOAN.. IS THERE ANYONE OUT THERE PAYING A HIGHER RATE ON ‘secure property” If there isn’t then the ratepayers may be able to take some kind of class action and ha\ve the rate reduced to sme extent.