Classifieds Advertise Archive Subscriptions Family Announcements Photos Digital Editions/Apps
Connect with us

Breaking News

Audit report raises concern over fixed assets

Published

on

Galway Bay fm newsroom – A statutory audit report into city council accounts has raised concern over the ‘inadequate’ manner in which fixed assets are recorded.

The report for the year ended 2012 also raises issue with funding for capital balances, commercial water collection levies and purchasing and procurement issues.

The balance sheet shows net assets of 1.2 billion at the end of December 2012.

However, the audit states that the current system whereby individual sections manage their own property portfolio is not working.

It adds that where adequate records of assets owned are not held, or where asset records are incomplete, there’s a rish that assets may be inadequately insured or may be lost to the authority.

The councils head of finance, Edel McCormack says work is underway to resolve the matter and from 2011 the fixed asset register was reconciled to the housing database and the insurance register.

Meanwhile, the rates debtor at the year end was 17.1 million- an increase of .7 million in the year which represents a signficant drain on the cash flow of the council.

Breaking News

Hunt on for Galway winner of €250 thousand prize bond jackpot

Published

on

https://mcdn.podbean.com/mf/web/yyr8jk/copy_of_clip_online-audio-convertercom_7dsev.mp3

Galway Bay fm newsroom – The hunt is on for the Galway winner of a prize bonds jackpot worth €250 thousand.

It was won in the monthly Ireland State Savings Prize Bonds draw at the end of September.

Speaking to Galway Talks, Anna McHugh of An Post had this advice.

Continue Reading

Breaking News

HSE urged to make agricultural land at Toghermore available for local use

Published

on

https://mcdn.podbean.com/mf/web/79s2je/toghermore.mp3

From Galway Bay FM newsroom- The HSE is being urged to make agricultural lands at the Toghermore campus on the outskirts of Tuam available for local use.

Local councillor Donagh Killilea told a meeting of the Health Forum West that it’s a “fine bank of land” lying idle.

Toghermore House currently houses mental health services, which will move to the Old Grove Hospital once ongoing redevelopment of that site is completed.

Councillor Killilea says there’s a significant parcel of agricultural land at Toghermore that local farmers could make good use of.

Continue Reading

Breaking News

Over 80% of people in West claim they increased time spent outdoors since COVID-19 hit

Published

on

Galway Bay fm newsroom – 81% of people in West claim they have increased the time they spend in natural spaces since COVID-19 hit.

The CSO data found that, nationwide, 78% of people say they spend more time outdoors now than in March 2020.

More than half of people surveyed in the West said they discovered a new natural space in that time.

While just 14% said they looked at getting access to a private or shared outdoor space.

Continue Reading

Local Ads

Local Ads

Advertisement
Advertisement

Facebook

Advertisement

Trending