Glenburnie Saleyards financial position in question

FINANCIAL PROBE: A key report has found ratepayers have not been subsidising the operations of the Glenburnie Saleyards.

GRANT District Council will sweep in a number of accounting measures for the Glenburnie Saleyards following a detailed report from an independent auditor.

This follows questions being raised by councillors regarding the financial sustainability of the livestock exchange given its reserve account had a deficit of $989,000 at June 30, 2017.

But the key report has revealed ratepayers have not been subsidising the major facility between July 2000 and 2017.

However, the document warned council

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