Council lost up to €100,000 on Barna Waste examinership

Independent councillor Michael Kilcoyne queried the amount of money that was lost by Mayo County Council at the council’s annual budget meeting last Monday. Director of services Martin Keating responded, saying” “Barna Waste, Cllr Kilcoyne raised the question of when they went into examinership how much did we lose. I don’t have the exact figure but the net loss of gate fees excluding VAT would be in the region of €90,000 to €100,000. That would represent the terms that were available to our collectors at the time which would have been four weeks’ credit. Those terms have been pulled back significantly since for all those collectors.”

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