Thursday, August 16, 2012

Local infrastructure organisations to lose 19 per cent of income this year, poll finds | Third Sector

Local infrastructure organisations to lose 19 per cent of income this year, poll finds | Third Sector: Findings of a Navca survey paint a worrying picture of the state of the sector, says Joe Irvin, its chief executive

Local infrastructure organisations are expected to see an average 19 per cent drop in their income over the next year, according to a report published by Navca today.

A survey carried out by the local infrastructure umbrella body among 90 of its 350 members in April and May showed that average income was expected to fall from �477,500 in 2011/12 to �385,000 in 2012/13.

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