The cashed-strapped Georgetown municipality closed 2017 with a deficit of $57 million and completed less than 2% of its 2017 capital works programme.
Data presented in the December, 2017 Treasurer’s Report shows that over the course of 2017, the city earned $2.036 billion in revenue and spent $2.093.
According to the report, the largest source of income remains rates and taxes, which contributed $1.134 billion in revenue, with the largest increase in income coming from the relatively new container fee.
The container fee, which earned