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Cavan Co Co €106M budget for 2025

Dec 21, 2024 10:17 By News Northern Sound
Cavan Co Co €106M budget for 2025
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The €106 million is an increase of €14.5 million on the budget figure for 2024.

Total spending of €106 million has been announced for next year for Cavan County Council.

The €106 million is an increase of €14.5 million on the budget figure for 2024.

To make up the increased spend, rates in the county are set to increase by 10% following the adoption of Budget 2025 by members at a special budget meeting on Friday.

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It is the first time in a decade that rates have been increased in the county.

The meeting heard the increase will yield €1.8M for the local authority, enabling it to ringfence €1.5M for its capital investment programme and an additional €300,000 to provide a balanced budget across all services.

Cllr Feeley says the 10% increase will be the only increase during the lifetime of this council over the coming 4 years or so.

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