Search Results for 'head of finance'

At last Monday’s meeting of Mayo County Council the elected members of the council voted to lower the local property tax by three per cent. The lowering of the rate will in 2015 save homeowners between €2.70 and €6.75 in total over the year, but will leave a hole in the council’s overall budget of €321,000 which must be met by the council’s own resources.

Property owners will find out on Monday if they are likely to get any relief from Mayo County Council by way of a reduction in the local property tax (LPT) rate.

Householders across Galway city could see their property tax charge drop by as much as €40 to €50 if a motion coming before the Galway City Council on Monday is passed. However unanimous support for such a move is not guaranteed.

A proposal to cut the council’s roads budget by €125,000 has been met with strong opposition from councillors already frustrated with a lack of funding for road repairs.

Mayo County Council has recorded a small surplus of just under €55,000 so far this year on its budget income and expenditure for the first six months of the year. Head of Finance for Mayo County Council, Peter Duggan gave the elected members a half-yearly update on the financial standing of the council at the July meeting of the authority last Monday. The council had adopted a budgeted spend of €120,085,841 for the year and up to the end of June, they had spent €55,287,675 and taken in €55,342,619.

Galway County Council will be liable to pay for the property tax on its housing stock to the tune of between €90,000 and €100,000 by January 1, 2014, councillors at a meeting held on Monday were told.

Westport based Fine Gael Cllr Peter Flynn expressed his concern over the amount of money that is being paid by Mayo County Council to cover the cost of pensions. Cllr Flynn was commenting on the annual financial statement of the council which was presented to the elected members by Peter Duggan, head of finance for Mayo County Council, at the May meeting of the council.

There was a common refrain of dismay voiced this week with the news that private house grants issued by Westmeath County Council are to be cut by over a half.