From $9m to $2m: Clarendon Parish Council sees improvement in market debt collection
Chairman of the Clarendon Parish Council, Scean Barnswell, says the local authority has seen a major improvement in the debt associated with markets.
According to Barnswell, the indebtedness has fallen from $9 million three years ago to $2 million currently.
He says the total debt was an accumulation of the five markets in Clarendon.
Barnswell says the parish council expects to see further improvements in its market debt.
According to him, the council is expecting to record a surplus at the end of the current financial year in March 2016.
Barnswell says there remains some challenges which are affecting the parish council’s ability to get full returns from markets.
He says the parish council has implemented several strategies to cut its losses as well as to improve revenue collection.