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Alexandrina Council depreciation increases following asset revaluation

3 min read

An asset condition revaluation performed by Alexandrina Council has revealed a significant increase in depreciation, which could potentially have an impact on upcoming rates.

Council undertook the revaluation of a several critical asset classes in the 2023 financial year, including sealed and unsealed roads, pathways and kerb ramps, and kerbs, which revealed significant increases in asset values ...


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