Linden fears loss of unspent subventions
The Ministry of Local Government’s tightening of the screws on municipalities across the country, is causing the Linden IMC to fear that it may lose its $23M subvention if it fails to make use of it by the end of the fiscal year.
According to IMC Chairman Orin Gordon, some of the policy changes stipulate that if the subventions are not expended by the end of the fiscal year the balance must be returned to the Local Government Ministry’s treasury. The Linden Town council has $23M in its coffers representing subventions dating back to 2010.
Jenella Bowen was appointed to the post of Town Clerk in July but due to the ‘Linden shutdown’ could not execute the mandate, which would have allowed for an added two months to exhaust the subventions on earmarked projects. “She was in …..To continue reading, login or subscribe now.