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

Breaking News

City councillors to debate draft budget for 2019

Avatar

Published

on

Galway Bay fm newsroom – City councillors will gather in City Hall on Monday to discuss the local authority’s draft budget for 2019.
The budget, to be presented by the executive, provides for 87.7 million euro in expenditure, an increase of 9.5 million euro on the 2018 budgeted figure.
The proposed draft budget for 2019 has been compiled on the basis of no proposed increases in rates or local property tax.
Commercial rates are listed as the largest source of revenue income with 36.9 million euro forecast in the draft budget.
The Chief Executive’s report states 75 percent of the city council’s revenue expenditure is derived locally from rates in addition to local property tax and charges derived from locally provided services.
The council has not varied the rate of LPT since its inception in 2014.
The draft budget provides for no increase in charges in locally provided services with the exception of a proposed 10 percent increase in the cost of new burial spaces, which is estimated to yield a further 30 thousand euro.
Housing and building is forecast as the greatest expenditure for 2019 at over 27 million euro.

Breaking News

AIB Eyre Square branch to close at end of April

Avatar

Published

on

Galway Bay fm newsroom – The AIB Eyre Square branch is to close at the end of April.

All accounts will be moved to the nearby Lynch’s Castle branch at Shop Street.

In a statement, AIB says it’s due to service overlaps.

The Eyre Square branch will close on April 30th and will then merge with the Lynch’s Castle base.

Continue Reading

Breaking News

County Galway’s commercial vacancy rate rises to 16.6%

Avatar

Published

on

Galway Bay fm newsroom – The commercial vacancy rate in Galway has risen to 16.6%.

The latest GeoView Commercial Property Report published by GeoDirectory and EY-DKM show the rate increased to almost 17% in the final quarter of last year.

This was higher than the national average of 13.5%.

Galway accounted for 5.9% of the State’s total commercial stock of over 211,600.

Of the areas sampled in Galway, Tuam had the highest commercial vacancy rate at 23.4%, while Loughrea had the lowest at 15.9%.

Meath was the county with the lowest commercial vacancy rate at just over 10%, while Sligo had the highest rate at almost 20%.

Chief executive of GeoDirectory, Dara Keogh, says Leinster fared best in the latest report.

Continue Reading

Breaking News

Galway landowners impacted by proposed greenway routes not subject to March submissions deadline

Avatar

Published

on

Galway Bay fm newsroom – Galway farmers who have land in any of the five potential greenway corridors are being advised that the March 1st deadline for submissions does not apply to them.

Fine Gael Galway East TD Ciaran Cannon has moved to clarify that landowners impacted by the proposed project will have ample time to give their input in the coming weeks.

It comes as the greenway project team based in Ballinasloe has confirmed that consultations with individual farmers along the five potential route corridors will only begin when COVID-19 restrictions are lifted and members of the project team can make farm visits.

In the meantime, farmers can make submissions prior to the March 1st deadline if they wish to do so, and any such submissions can guide later discussions when farm visits get underway.

Deputy Cannon argues it makes sense that farmers who are the key stakeholders in the development of the new greenway would have the opportunity to meet on the ground with the project engineers.

Continue Reading

Local Ads

Local Ads

Advertisement
Advertisement

Facebook

Advertisement

Trending