City Council warns about the r...


City Council warns about the rising cost of the boundary compensation payment

Lana O'Connor
Lana O'Connor

12:36 16 Nov 2023

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Cork City Council has agreed an expenditure budget of €292 million for next year for essential services, an increase of nearly €24 million on this year

The main contributors to the rise in the budget are extra funding for homeless services, an increase of nearly €11 million in housing funding and a rise in payroll of €8.2 million.

At last night's meeting the Council's Chief Executive warned inflation has driven Cork’s city annual boundary compensation payment to over €15 million which is no longer sustainable

Under the terms of the boundary extension legislation, the city must pay an annual index-linked contribution to Cork County Council for a minimum 10-year period.

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Boundary Compensation Payment Budget Cork City Council

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