Rates or property tax need to increase to maintain Cavan development – Chief Executive

Property tax or commercial rates in Cavan will need to increase next year if the current level of investment in the county is to be maintained. The strengthening economy has meant the cost of tenders, materials and services have increased in recent years.

In the December Budget meeting, Chief Executive Tommy Ryan warned that the council will need to increase its income in coming years to match the increasing cost of services. He said the need for the council to match a percentage of funding for projects is a significant cost on the local authority.

Speaking to Northern Sound News, CEO Tommy Ryan defended his warning saying there’s no other way for the council to increase its income.