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Around $2M rates owed to Nausori Town Council

March 26, 2019 4:54 pm

Around $2 million in rates arrears are owed to the Nausori Town Council.

This is one of the findings of the Public Accounts Committee while scrutinizing the audited 2013 financial report of the Council.


Committee member Aseri Radrodro raised concerns over the huge amount in arrears.

“That’s a huge amount to discard off because as it is, it’s overstating the capabilities of the finances of the council.”

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Nausori Town Council, Head of Finance, Swastika Rattan says the arrears include default payments.

“But that is inclusive of rates and the 11 percent interest so it’s around two million because now its 2018 invoice plus current.”

The PAC committee will be visiting each municipality around the country to scrutinize their audited financial records.

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