Liverpool City Councils’ Liberal Mayor Ned Mannoun often claims he had to fix Labor deficits!
The comparisons below show his two terms, 2012-16 & 2021-24, were financially worse than any term of Council since 2012.
- Mayor Mannoun consistently claims he inherited significant deficits from Labor terms and that his terms were financially better managed.
- Facts show that is a blatant lie, his previous term and this term caused three times more deficits than either of the two Labor/LCIT terms and despite his term selling substantial assets. Keep in mind Labor/LCIT terms also dealt with major Covid 19 and Asbestos remediation costs neither of his terms had,
- Below are Annual Budget comparisons of Liverpool City Council from 2012 to 2024 and relate to the Net Cost of Services. Net Cost Of Services are used as a performance indicator of how well Council manages its finances. More info here: CO_20220525_MAT_457.PDF (infocouncil.biz)
Year Budget Party in Power Reasons
#2011-12 +$7.1m Labor Surplus partially due to grants, and insurance claims. 2012-13 +$5m Lab/Lib Mannoun inherited a $5m surplus.
2013-14 -$8m Liberal Mannoun turned a $5m surplus into deficit!
2014-15 +$4,6m/-$0.4m Lib $5m property sale, deficit of -$400k without sale.
2015-16 +$344k Liberal Surplus reduced from $4.6m to $344k.
*2016-17 -$2,1m Lib/Lab Mannoun passed deficit to Lab/Independents Council.
#2017-18 +$781k Labor Turned a deficit into a surplus.
#2018-19 +$1,8m Labor Doubled the surplus.
#2019-20 -$3m Labor Deficit due to Covid 19 and Asbestos Remediation works (-$20m)
#2020-21 -$11,6m Labor Impact of COVID 19 minimisation action, passed
onto incoming Liberal Council.
*2021-22 -$11.9m Liberal Drastic measures turns deficit into surplus.
2022-23 +$532k Liberal Additional measures turn deficit into surplus.
2023-24 – $6.9m Liberal Overspending turns previous surplus into deficit.
2024-25 +$2.6m -$10m/Lib A surplus if $14m property sold. Forecast only.
Overall, Mayor Mannoun had 6 significant Budget Deficits during his 2 terms while Labor/LCIT terms only had 2, and despite his term selling significant property assets.
Councils’ current Budget actually has a deficit of more than -$12m without the sale of income producing assets, not yet approved, and a further $100m of proposed future income producing asset sales.
- Comments:
* Labor/Liberal changeover in September except 2021-22*.
# Labor/Independents, Mayor was Labor, independents (LCIT) held balance. - Current term, 2021-2024, Mayor Mannoun holds balance with the support of one Independent.
- Council is composed of five Liberal, four Labor, one Independent, one Liverpool Community Independents Teams Councillor. (LCIT)
Councillor Hagarty resigned due to appointment as Member for Leppington.
https://www.liverpool.nsw.gov.au/council/your-councillors - This comparison shows that both of Liberal Mayor Mannouns’ terms were financially worse than the two Labor terms of Council since 2008.
- Mayor Mannouns’ terms had up to six annual Budget deficits (without sales of assets), while Labor/LCIT had two, despite inheriting significant deficits from Liberal Mayor Ned Mannouns’ previous terms as Mayor of the Liberal Team.
- All the above information is compiled from Liverpool City Council documentation available from its website https://www.liverpool.nsw.gov.au/council