Published: 20/12/2017 17:17 - Updated: 20/12/2017 17:24

Council acts to ease cash flow problems at Moray Leisure Centre

 

Moray Leisure Centre
Moray Leisure Centre
MORAY Leisure Centre will receive its monthly grant from the council ahead of schedule in order to counter cash flow problems.

 

The local authority, which pays an annual £698,000 subsidy to the sports venue in Elgin, agreed this afternoon to a request to bring forward the payment of the next instalment.

A statement from Moray Council said: "Councillors took steps to ensure the Moray Leisure Centre can continue in operation while a recovery plan is developed by the centre’s management board.

"The MLC board had requested that the monthly instalment of the annual grant be brought forward in the month to assist with cash flow.

"This will mean the MLC should be able to continue operations for a set period while a recovery plan is devised.

"The full council agreed the steps at a special meeting today. The meeting was held in private as commercial details and staffing matters were part of the discussion."

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