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Tag Archives: €12.6 million deficit

Clare County Council Faces €16.5 Million Deficit

CLARE County Council will face a major financial headache trying to balance its books next month following confirmation the authority is facing a €12.6 million deficit in funding due to the catastrophic economic impact of Covid-19. The grim financial situation facing the council was laid bare this week after it emerged the projected loss of income from commercial rates will total €5 million, €5.6 million will be missing from other income that is normally generated, while an additional €2 million had to be spent on unplanned public health measures. The major financial challenge facing the council was raised by Councillor Pat McMahon at a recent local authority meeting when he asked chief executive Pat Dowling to outline the financial impact of Covid-19 on the operations of the council and the council’s interactions with other bodies and agencies. Councillor McMahon stressed it will be vital to seek substantial government support as no local authority could sustain this shortfall. Commenting on the …

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