WHITEHALL

Council moves to generate income

Test Valley BC expects to rake in £1.3m from a project to generate additional income this financial year.

Test Valley BC expects to rake in £1.3m from a project to generate additional income this financial year.

It comes after money funnelled through Project Enterprise, which was created in 2014, earned the council £843,000 more than if its balances had remained in its cash investment portfolio, which generated an average return of 0.7% in 2016/17.

Dan Peters

Popular articles by Dan Peters

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?