Stories about Democracy & Governance
Exeter City Living to be all-but wound up after £4.5 million losses with £10 million owed to council
Council expects resulting resale value of surrendered Clifton Hill development site not to cover company’s debts, with remaining losses to be written off, as Liveable Exeter vision thrown into doubt and councillors evade responsibility for failure.
Annual inspection period begins as unaudited 2022-23 city council accounts published
Special information access rights enabling local residents to examine records and ask council and external auditor related questions apply until 12 October.
£1 million leisure overspend fuels £3.2 million city council deficit
2022-23 budget review confirms £2.2 million annual leisure subsidy to continue with St Sidwell’s Point expected to make a loss for at least five years while another £22 million to be spent on Exeter City Living Vaughan Road development.