Thurles Town Council is facing a black hole of at least 400,000 euro when members sit down to prepare the annual estimate of income and expenditure next week, The Tipperary Star can reveal.
A massive shortfall in the collection of commercial rates this year will leave the council with major headaches as they prepare for the provision of services for 2012. And, even a rebate of 17,000 euro from the Irish Public Bodies Insurance Company, will go little distance in bridging the gap between the income and expenditure – a gap which will make it very difficult for the local authority to meet it’s targets.
There is also the suggestion of a 7 per cent reduction in the Local Government Fund from the Department of the Environment to contend with and while the thinking is that the household charge introduced in the Budget on Monday will be collected and used by the local authority, no official word had come from the Minister on this issue.
Thurles Town Clerk Mr Michael Ryan advised the elected representatives as to the precarious financial situation at the December meeting of the council.
Full details in this week’s Tipperary Star.