Cork City Council will spend €325m next year.
At a budget meeting last night, it was announced that there will be an increase of €32.6m in spending compared to this year.
Cork City Council said:
"The main contributors to the increase in expenditure are an increase in Capital Advance Leasing Facility/Repair & Lease of €9.2 million, an increase in Croí Cónaithe funding of €3.3 million, an increase in payroll of €6.4 million, an increase in funding of Homeless Services of €6.3 million, increase in Social Inclusion and Community Activation Programme of €0.6 million, increase of Disabled Person’s Grants of €1.9 million and an increase in inspections of privately rented houses of €1.5 million.
During a meeting held on September 25 2024, Cork City Council voted that the Local Adjustment Factor (LAF) of Local Property Tax (LPT) in Cork City would vary upwards by 12% - an increase of 3% on the previous year, providing additional funding for footpath repairs, tree pruning and ward funds.
Lord Mayor of Cork, Cllr. Dan Boyle said: “This budget enables Cork City Council to maintain essential services while advancing its strategic objectives to enhance Cork as a better place to live, work, and invest. Cork City Council’s Budget 2025 gives us the opportunity to sustain momentum in improving aspects such as housing, sustainable transportation, community life, climate action and creating new recreational areas.”
Cork City Council Chief Executive, Valerie O’Sullivan said: “The approval of this budget is vital for the progression and maintenance of our city. This budget provides scope for further investment in both the day-to-day service delivery for the people of Cork, while providing much needed funding for Housing Revenue and Capital Services.”
